Nordic Stocks Decreased Tuesday; HMS Networks Posted Biggest Loss

Stocks in the Nordic region dropped Tuesday, with the OMX Nordic 40 Index declining 1.5%.

HMS Networks AB posted the largest decline among large stocks during the session, dropping 7.7%, followed by Bilia AB Series A shares, which declined 6.5%. Shares of Beijer Ref AB Series B fell 5.9%.

Odfjell S.E. Series A was the was the biggest leader, increasing 5.7%, and Topdanmark A/S increased 4.3%. Odfjell S.E. Series B rounded out the top three leaders on Tuesday, with shares gaining 4.1%.

In Denmark, the OMX Copenhagen 20 Index declined 1.3%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, dropped 0.9%.

Stocks on Sweden's OMX Stockholm 30 Index declined 1.3%, while Norway's Oslo Exchange Benchmark Index_GI dropped 1.4%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index dropping 0.3%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index declining 1.5% and the FTSE 100 Index declining 1.8% from the previous close.

Stock indexes in Asia were down, with Japan's NIKKEI 225 Index declining 1.9% and China's Shanghai Composite Index falling 1.6%.

In commodities news, Brent crude oil futures were down 0.2%, while gold futures were up 0.9%. Bitcoin fell 2.3% to $61,904.

On the currency front, the WSJ Dollar Index gained 0.2% to 100.64.

Against the euro, the U.S. dollar was flat, the Danish krone was flat, the Icelandic krona was down 0.2%, the Norwegian krone was down 0.4%, and the Swedish krona was down 0.6%.

Against the U.S. dollar, the euro was flat, the Danish krone was flat, the Icelandic krona was down 0.2%, the Norwegian krone was down 0.4%, and the Swedish krona was down 0.6%.

-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

April 16, 2024 12:54 ET (16:54 GMT)

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