Nordic Shares Moved Upward Tuesday; Hoegh Autoliners Topped Leaders

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Stocks in the Nordic region increased Tuesday, with the OMX Nordic 40 Index rising 0.2%.

Hoegh Autoliners ASA was the biggest leader among large stocks during the session, surging 14.5%, and Scatec ASA gained 10.0%. Schouw & Co. A/S rounded out the top three leaders on Tuesday, with shares increasing 6.2%.

Sinch AB posted the largest decline, declining 5.9%, followed by Electrolux AB Series A shares, which declined 5.2%. Shares of Saab AB Series B fell 4.6%.

In Denmark, the OMX Copenhagen 20 Index increased 1.1%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, declined 0.3%.

Stocks on Sweden's OMX Stockholm 30 Index declined 0.4%, while Norway's Oslo Exchange Benchmark Index_GI gained 0.2%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index rising 1.3%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index declining 0.7% and the FTSE 100 Index flat from the previous close.

Stock indexes in Asia were mixed, with Japan's NIKKEI 225 Index up 1.2% and China's Shanghai Composite Index down 0.3%.

In commodities news, Brent crude oil futures were down 1.1%, and gold futures were down 2.1%. Bitcoin slipped 4.3% to $60,222.

On the currency front, the WSJ Dollar Index gained 0.5% to 100.68.

Against the euro, the U.S. dollar was up 0.4%, the Icelandic krona was up 0.3%, the Danish krone was flat, the Swedish krona was down 0.3%, and the Norwegian krone was down 0.4%.

Against the U.S. dollar, the Icelandic krona was down 0.1%, the euro was down 0.4%, the Danish krone was down 0.4%, the Swedish krona was down 0.7%, and the Norwegian krone was down 0.8%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 30, 2024 12:45 ET (16:45 GMT)

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