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Stocks in the Nordic region fell Monday, with the OMX Nordic 40 Index declining 1.2%.

Elkem ASA posted the largest decline among large stocks during the session, dropping 6.4%, followed by Netcompany Group A/S shares, which fell 5.4%. Shares of Bavarian Nordic A/S dropped 5.3%.

DNO ASA was the biggest leader, rising 5.9%, and Invisio AB increased 3.5%. Schibsted ASA rounded out the top three leaders on Monday, with shares rising 3.5%.

In Denmark, the OMX Copenhagen 20 Index declined 1.4%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, dropped 1.0%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 1.4%, while Norway's Oslo Exchange Benchmark Index_GI declined 1.1%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index falling 1.2%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index declining 0.9% and the FTSE 100 Index declining 1.0% from the previous close.

In commodities news, Brent crude oil futures were down 0.2%, while gold futures were up 0.7%. Bitcoin was up 0.7% to $98,453.

On the currency front, the WSJ Dollar Index gained 0.3% to 102.79.

Against the euro, the U.S. dollar was up 0.8%, the Icelandic krona was up 0.4%, the Swedish krona was up 0.3%, the Norwegian krone was flat, and the Danish krone was flat.

Against the U.S. dollar, the Icelandic krona was down 0.4%, the Swedish krona was down 0.4%, the Norwegian krone was down 0.7%, the Danish krone was down 0.7%, and the euro was down 0.7%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 03, 2025 12:05 ET (17:05 GMT)

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