Nordic Stocks Decrease; Netcompany Group Posts Biggest Loss

Dow Jones
01-29

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in the Nordic region declined Tuesday, with the OMX Nordic 40 Index declining 0.9%.

Netcompany Group A/S posted the largest decline among large stocks during the session, tumbling 16.9%, followed by Genmab A/S shares, which declined 9.4%. Shares of Hexpol AB Series B fell 5.4%.

Getinge AB Series B was the biggest leader, surging 11.1%, and HMS Networks AB jumped 10.4%. Kinnevik AB Series A rounded out the top three leaders on Tuesday, with shares rising 8.6%.

In Denmark, the OMX Copenhagen 20 Index declined 1.3%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, rose 0.2%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 0.4%, while Norway's Oslo Exchange Benchmark Index_GI gained 0.4%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index dropping 0.1%.

Elsewhere in Europe, indexes rose, with the STOXX Europe 600 Index increasing 0.4% and the FTSE 100 Index increasing 0.4% from the previous close.

In commodities news, Brent crude oil futures were down 0.3%, while gold futures were up 1.0%. Bitcoin rose 1.1% to $102,543.

On the currency front, the WSJ Dollar Index gained 0.5% to 102.23.

Against the euro, the U.S. dollar was up 0.6%, the Icelandic krona was up 0.2%, the Norwegian krone was up 0.1%, the Danish krone was flat, and the Swedish krona was flat.

Against the U.S. dollar, the Icelandic krona was down 0.4%, the Norwegian krone was down 0.5%, the euro was down 0.6%, the Danish krone was down 0.6%, and the Swedish krona was down 0.6%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

January 28, 2025 12:05 ET (17:05 GMT)

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