Nordic Shares Close Down; Alvotech Posts Biggest Loss

Dow Jones
06-12

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

Nordic stocks dropped Wednesday, with the OMX Nordic 40 Index declining 0.5%.

Alvotech posted the largest decline among large stocks during the session, declining 5.3%, followed by Orkla ASA shares, which dropped 4.0%. Shares of Camurus AB dropped 3.8%.

Saab AB Series B was the biggest leader, adding 3.9%, and Europris ASA gained 3.7%. Autostore Holdings Ltd. rounded out the top three leaders on Wednesday, with shares adding 3.7%.

In Denmark, the OMX Copenhagen 20 Index dropped 0.2%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, fell 0.1%.

Stocks on Sweden's OMX Stockholm 30 Index declined 0.5%, while Norway's Oslo Exchange Benchmark Index_GI gained 0.6%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index declining 0.8%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index declining 0.3% and the FTSE 100 Index gaining 0.1% from the previous close.

In commodities news, Brent crude oil futures were up 2.2%, and gold futures were up 0.3%. Bitcoin rose 0.2% to $109,740.

On the currency front, the WSJ Dollar Index fell 0.3% to 95.20.

Against the euro, the Icelandic krona was flat, the Danish krone was flat, the Swedish krona was down 0.1%, the Norwegian krone was down 0.2%, and the U.S. dollar was down 0.6%.

Against the U.S. dollar, the Danish krone was up 0.6%, the Icelandic krona was up 0.6%, the euro was up 0.6%, the Swedish krona was up 0.5%, and the Norwegian krone was up 0.3%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 11, 2025 12:06 ET (16:06 GMT)

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