Nordic Stocks Decrease; Genmab Falls Furthest

Dow Jones
03-11

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in the Nordic region fell Monday, with the OMX Nordic 40 Index declining 2.9%.

Genmab A/S posted the largest decline among large stocks during the session, falling 8.3%, followed by Novo Nordisk A/S shares, which declined 8.1%. Shares of Torm PLC A declined 7.1%.

Acenta Group AB was the biggest leader, surging 11.8%, and Volvo Car AB Series B gained 8.6%. A.P. Moeller-Maersk A/S Series B rounded out the top three leaders on Monday, with shares increasing 5.9%.

In Denmark, the OMX Copenhagen 20 Index declined 5.0%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, was flat at 4,799.89.

Stocks on Sweden's OMX Stockholm 30 Index dropped 0.7%, while Norway's Oslo Exchange Benchmark Index_GI dropped 0.3%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index declining 0.9%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index falling 1.3% and the FTSE 100 Index falling 0.9% from the previous close.

In commodities news, Brent crude oil futures were down 0.9%, and gold futures were down 0.3%. Bitcoin slipped 4.9% to $78,514.

On the currency front, the WSJ Dollar Index was flat at 99.37.

Against the euro, the Norwegian krone was up 0.8%, the Icelandic krona was up 0.1%, the U.S. dollar was flat, the Danish krone was flat, and the Swedish krona was down 0.3%.

Against the U.S. dollar, the Norwegian krone was up 0.8%, the Icelandic krona was up 0.1%, the euro was flat, the Danish krone was flat, and the Swedish krona was down 0.3%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 10, 2025 13:05 ET (17:05 GMT)

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