Nordic Shares Decrease; Svenska Handelsbank B Takes Biggest Hit

Dow Jones
03-08

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

Stocks in the Nordic region fell Friday, with the OMX Nordic 40 Index declining 0.5%.

Svenska Handelsbanken Series B posted the largest decline among large stocks during the session, plunging 11.0%, followed by Clas Ohlson AB Series B shares, which declined 8.9%. Shares of Icelandic Salmon A/S declined 6.3%.

DNO ASA was the biggest leader, rising 8.7%, and Volvo Car AB Series B rose 6.2%. Siminn hf. rounded out the top three leaders on Friday, with shares gaining 5.5%.

In Denmark, the OMX Copenhagen 20 Index declined 1.6%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, declined 0.3%.

Stocks on Sweden's OMX Stockholm 30 Index declined 0.1%, while Norway's Oslo Exchange Benchmark Index_GI increased 1.0%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index gaining 1.2%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index declining 0.5% and the FTSE 100 Index steady from the previous close.

In commodities news, Brent crude oil futures were up 1.3%, while gold futures were down 0.2%. Bitcoin was down 2.0% to $87,287.

On the currency front, the WSJ Dollar Index dropped 0.3% to 99.18.

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

Against the U.S. dollar, the Swedish krona was up 1.2%, the Danish krone was up 0.6%, the euro was up 0.6%, the Norwegian krone was up 0.6%, and the Icelandic krona was up 0.5%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 07, 2025 12:05 ET (17:05 GMT)

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