Nordic Stocks Decline; Sinch Takes Biggest Hit

Dow Jones
2025/06/20

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

Nordic stocks fell Thursday, with the OMX Nordic 40 Index declining 0.1%.

Sinch AB posted the largest decline among large stocks during the session, dropping 6.8%, followed by Alvotech shares, which fell 4.9%. Shares of Bakkafrost P/F fell 4.2%.

Stora Enso Oyj Series R $(SEK.AU)$ was the biggest leader, surging 14.6%, and Stora Enso Oyj Series A $(SEK.NZ)$ surged 14.3%. Schouw & Co. A/S rounded out the top three leaders on Thursday, with shares gaining 8.0%.

In Denmark, the OMX Copenhagen 20 Index rose 0.4%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, increased 0.2%.

Stocks on Sweden's OMX Stockholm 30 Index fell 0.5%, while Norway's Oslo Exchange Benchmark Index_GI rose 0.5%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index dropping 1.9%.

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

In commodities news, Brent crude oil futures were up 2.2%, while gold futures were flat. Bitcoin rose 0.4% to $104,273.

On the currency front, the WSJ Dollar Index rose 0.3% to 95.73.

Against the euro, the Icelandic krona was up 0.5%, the U.S. dollar was up 0.2%, the Danish krone was flat, the Swedish krona was down 0.1%, and the Norwegian krone was down 0.8%.

Against the U.S. dollar, the Icelandic krona was up 0.3%, the euro was down 0.2%, the Danish krone was down 0.2%, the Swedish krona was down 0.3%, and the Norwegian krone was down 1.0%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 19, 2025 12:06 ET (16:06 GMT)

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