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Stocks in the Nordic region declined Monday, with the OMX Nordic 40 Index declining 1.1%.

Hafnia Ltd. posted the largest decline among large stocks during the session, dropping 6.1%, followed by New Wave Group AB Series B shares, which fell 6.1%. Shares of Kaldvik A/S dropped 5.7%.

engcon AB Cl B was the biggest leader, rising 6.5%, and Tomra Systems ASA increased 5.0%. Lindab International AB rounded out the top three leaders on Monday, with shares rising 3.9%.

In Denmark, the OMX Copenhagen 20 Index fell 2.2%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, fell 0.1%.

Stocks on Sweden's OMX Stockholm 30 Index was flat at 2,616.68, while Norway's Oslo Exchange Benchmark Index_GI declined 0.2%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index rising 0.1%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index steady and the FTSE 100 Index adding 0.2% from the previous close.

In commodities news, Brent crude oil futures were down 1.0%, while gold futures were unchanged. Bitcoin slipped 1.6% to $104,508.

On the currency front, the WSJ Dollar Index declined 0.8% to 102.51.

Against the euro, the Swedish krona was up 0.1%, the Danish krone was flat, the Norwegian krone was flat, the Icelandic krona was down 0.3%, and the U.S. dollar was down 1.1%.

Against the U.S. dollar, the Swedish krona was up 1.3%, the Danish krone was up 1.2%, the euro was up 1.1%, the Norwegian krone was up 1.1%, and the Icelandic krona was up 0.9%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 20, 2025 12:05 ET (17:05 GMT)

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