Nordic Shares Rose Friday; Lundin Gold Topped Leaders

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Stocks in the Nordic region increased Friday, with the OMX Nordic 40 Index rising 0.9%.

Lundin Gold Inc. was the biggest leader among large stocks during the session, gaining 8.7%, and Embracer Group AB Series B rose 6.1%. Elkem ASA rounded out the top three leaders on Friday, with shares rising 5.9%.

Getinge AB Series B posted the largest decline, falling 8.9%, followed by engcon AB Cl B shares, which declined 3.9%. Shares of DFDS A/S fell 2.7%.

In Denmark, the Copenhagen Stock Exchange was closed, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, gained 1.7%.

Stocks on Sweden's OMX Stockholm 30 Index rose 1.5%, and Norway's Oslo Exchange Benchmark Index_GI rose 1.5%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index rising 0.7%.

Elsewhere in Europe, indexes rose, with the STOXX Europe 600 Index increasing 0.8% and the FTSE 100 Index increasing 0.6% from the previous close.

In commodities news, Brent crude oil futures were down 0.8%, while gold futures were up 1.3%. Bitcoin slipped 2.6% to $60,848.

On the currency front, the WSJ Dollar Index increased 0.1% to 99.81.

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

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

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 10, 2024 12:45 ET (16:45 GMT)

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