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Stocks in the Nordic region declined Wednesday, with the OMX Nordic 40 Index declining 5.1%.

Alvotech posted the largest decline among large stocks during the session, tumbling 11.5%, followed by Dometic Group AB shares, which plunged 10.7%. Shares of BioArctic AB Series B declined 9.0%.

Bakkafrost P/F was the biggest leader, rising 6.1%, and Kaldvik A/S increased 4.5%. Jeudan A/S rounded out the top three leaders on Wednesday, with shares gaining 3.6%.

In Denmark, the OMX Copenhagen 20 Index fell 6.3%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, declined 3.2%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 2.7%, while Norway's Oslo Exchange Benchmark Index_GI fell 2.8%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index falling 2.6%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index dropping 3.5% and the FTSE 100 Index falling 2.9% from the previous close.

In commodities news, Brent crude oil futures were down 3.6%, while gold futures were up 3.6%. Bitcoin rose 0.7% to $77,261.

On the currency front, the WSJ Dollar Index dropped 0.5% to 99.00.

Against the euro, the Danish krone was flat, the Icelandic krona was down 0.1%, the U.S. dollar was down 0.7%, the Swedish krona was down 0.8%, and the Norwegian krone was down 1.1%.

Against the U.S. dollar, the euro was up 0.7%, the Danish krone was up 0.7%, the Icelandic krona was up 0.6%, the Swedish krona was down 0.1%, and the Norwegian krone was down 0.4%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 09, 2025 12:05 ET (16:05 GMT)

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