Nordic Shares Rise; Kongsberg Gruppen Climbs Highest

Dow Jones
04 Mar

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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