Nordic Stocks Rose Tuesday; Billerud Led Increases
This article was automatically generated by Dow Jones using technology from Automated Insights.
Nordic stocks rose Tuesday, with the OMX Nordic 40 Index rising 0.8%.
Billerud AB was the biggest leader among large stocks during the session, surging 12.1%, and Norsk Hydro ASA increased 6.4%. Hoegh Autoliners ASA rounded out the top three leaders on Tuesday, with shares gaining 5.6%.
Sinch AB posted the largest decline, falling 8.4%, followed by Autostore Holdings Ltd. shares, which dropped 6.0%. Shares of Paradox Interactive AB dropped 5.8%.
In Denmark, the OMX Copenhagen 20 Index gained 1.6%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, dropped 0.1%.
Stocks on Sweden's OMX Stockholm 30 Index was flat at 2,631.49, while Norway's Oslo Exchange Benchmark Index_GI gained 0.6%. Shares in Iceland were flat, with the OMX Iceland All-Share PI Equity Index holding steady at 2,080.34.
Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index declining 0.2% and the FTSE 100 Index declining 0.1% from the previous close.
Stock indexes in Asia were down, with Japan's NIKKEI 225 Index declining 0.3% and China's Shanghai Composite Index falling 0.4%.
In commodities news, Brent crude oil futures were down 1.6%, and gold futures were down 0.6%. Bitcoin slipped 0.1% to $69,980.
On the currency front, the WSJ Dollar Index fell 0.1% to 99.28.
Against the euro, the Norwegian krone was up 0.3%, the Icelandic krona was up 0.1%, the U.S. dollar was flat, the Danish krone was flat, and the Swedish krona was flat.
Against the U.S. dollar, the Norwegian krone was up 0.2%, the Icelandic krona was up 0.1%, the euro was flat, the Danish krone was flat, and the Swedish krona was down 0.1%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 21, 2024 12:45 ET (16:45 GMT)
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