Nordic Shares Rise; Kongsberg Gruppen Climbs Highest

Dow Jones
03-04

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

Nordic stocks rose Monday, with the OMX Nordic 40 Index rising 0.7%.

Kongsberg Gruppen ASA was the biggest leader among large stocks during the session, jumping 15.9%, and Saab AB Series B jumped 11.6%. Invisio AB rounded out the top three leaders on Monday, with shares rising 9.4%.

Carlsberg A/S Series A posted the largest decline, cratering 22.8%, followed by BioArctic AB Series B shares, which dropped 8.8%. Shares of Zealand Pharma A/S fell 8.0%.

In Denmark, the OMX Copenhagen 20 Index dropped 0.5%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, rose 1.2%.

Stocks on Sweden's OMX Stockholm 30 Index gained 0.7%, and Norway's Oslo Exchange Benchmark Index_GI rose 1.2%. Shares in Iceland were flat, with the OMX Iceland All-Share PI Equity Index holding steady at 2,333.89.

Elsewhere in Europe, indexes rose, with the STOXX Europe 600 Index gaining 1.1% and the FTSE 100 Index gaining 0.7% from the previous close.

In commodities news, Brent crude oil futures were down 0.2%, while gold futures were up 1.9%. Bitcoin was down 4.5% to $90,097.

On the currency front, the WSJ Dollar Index fell 0.6% to 101.08.

Against the euro, the Swedish krona was up 1.2%, the Danish krone was flat, the Norwegian krone was down 0.3%, 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 2.3%, the euro was up 1.1%, the Danish krone was up 1.1%, the Norwegian krone was up 0.8%, and the Icelandic krona was up 0.8%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

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

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