Nordic Shares Dropped Monday; Borr Drilling Posted Biggest Loss

Stocks in the Nordic region were flat Monday, with the OMX Nordic 40 Index holding steady at 2,789.72.

Electrolux AB Series A was the biggest leader among large stocks during the session, adding 5.6%, and Cadeler A/S rose 4.4%. TGS ASA rounded out the top three leaders on Monday, with shares gaining 4.3%.

Borr Drilling Ltd. posted the largest decline, falling 6.6%, followed by Schibsted ASA Series B shares, which declined 4.6%. Shares of Schibsted ASA fell 4.2%.

In Denmark, the OMX Copenhagen 20 Index increased 0.5%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, increased 0.1%.

Stocks on Sweden's OMX Stockholm 30 Index fell 0.3%, while Norway's Oslo Exchange Benchmark Index_GI increased 0.3%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index falling 2.5%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index flat and the FTSE 100 Index declining 0.2% from the previous close.

Stock indexes in Asia were down, with Japan's NIKKEI 225 Index declining 1.2% and China's Shanghai Composite Index falling 0.7%.

In commodities news, Brent crude oil futures were up 1.3%, and gold futures were up 0.8%. Bitcoin rose 7.4% to $70,743.

On the currency front, the WSJ Dollar Index fell 0.2% to 98.86.

Against the euro, the Norwegian krone was up 0.2%, the Danish krone was flat, the Icelandic krona was flat, the U.S. dollar was down 0.3%, and the Swedish krona was down 0.3%.

Against the U.S. dollar, the Norwegian krone was up 0.5%, the Danish krone was up 0.3%, the euro was up 0.3%, the Icelandic krona was up 0.2%, and the Swedish krona was down 0.1%.

-This article was automatically generated by MarketWatch using technology from Automated Insights. Data source: Dow Jones Market Data, FactSet.

Write to Barcelona Editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

March 25, 2024 14:00 ET (18:00 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.