Nordic Shares Decline; Alvotech Posts Biggest Loss

Dow Jones
05/08

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

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

Alvotech posted the largest decline among large stocks during the session, tumbling 10.9%, followed by Bakkafrost P/F shares, which declined 8.6%. Shares of A.P. Moeller-Maersk A/S Series B declined 8.3%.

Zealand Pharma A/S was the biggest leader, gaining 9.5%, and Loomis AB rose 9.2%. BioGaia AB Series B rounded out the top three leaders on Thursday, with shares adding 8.7%.

In Denmark, the OMX Copenhagen 20 Index fell 0.4%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, fell 2.0%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 1.5%, while Norway's Oslo Exchange Benchmark Index_GI fell 1.1%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index dropping 0.4%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index falling 1.1% and the FTSE 100 Index declining 1.5% from the previous close.

In commodities news, Brent crude oil futures were down 2.1%, while gold futures were up 0.9%. Bitcoin fell 2.0% to $79,853.

On the currency front, the WSJ Dollar Index held steady at 94.75.

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

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

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 07, 2026 12:07 ET (16:07 GMT)

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