Nordic Shares Decrease; Biotage Posts Biggest Loss

Dow Jones
02-20

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

Stocks in the Nordic region declined Wednesday, with the OMX Nordic 40 Index declining 0.6%.

Biotage AB posted the largest decline among large stocks during the session, plummeting 21.7%, followed by AF Gruppen ASA shares, which declined 7.8%. Shares of Lindab International AB dropped 5.4%.

Akelius Residential Property AB D was the biggest leader, jumping 16.1%, and Scandic Hotels Group AB gained 9.1%. Vitrolife AB rounded out the top three leaders on Wednesday, with shares rising 7.0%.

In Denmark, the OMX Copenhagen 20 Index gained 0.8%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, declined 1.2%.

Stocks on Sweden's OMX Stockholm 30 Index declined 1.7%, while Norway's Oslo Exchange Benchmark Index_GI increased 0.5%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index dropping 1.3%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index falling 0.9% and the FTSE 100 Index declining 0.6% from the previous close.

In commodities news, Brent crude oil futures were up 0.6%, while gold futures were down 0.1%. Bitcoin was up 2.4% to $96,407.

On the currency front, the WSJ Dollar Index increased 0.2% to 101.45.

Against the euro, the Norwegian krone was up 0.5%, the U.S. dollar was up 0.4%, the Icelandic krona was up 0.2%, the Swedish krona was up 0.1%, and the Danish krone was flat.

Against the U.S. dollar, the Norwegian krone was up 0.1%, the Icelandic krona was down 0.1%, the Swedish krona was down 0.3%, the euro was down 0.4%, and the Danish krone was down 0.4%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 19, 2025 12:05 ET (17:05 GMT)

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