Nordic Stocks Decrease; Wallenius Wilhelmsen Takes Biggest Hit

Dow Jones
Mar 28

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

Nordic stocks declined Thursday, with the OMX Nordic 40 Index declining 1.6%.

Wallenius Wilhelmsen ASA posted the largest decline among large stocks during the session, declining 8.8%, followed by Volvo Car AB Series B shares, which dropped 7.6%. Shares of Alvotech dropped 6.5%.

Clas Ohlson AB Series B was the biggest leader, gaining 3.8%, and Nyfosa AB gained 3.3%. Genmab A/S rounded out the top three leaders on Thursday, with shares gaining 3.2%.

In Denmark, the OMX Copenhagen 20 Index dropped 2.3%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, dropped 1.0%.

Stocks on Sweden's OMX Stockholm 30 Index fell 1.2%, while Norway's Oslo Exchange Benchmark Index_GI declined 0.5%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index declining 2.7%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index declining 0.4% and the FTSE 100 Index dropping 0.3% from the previous close.

In commodities news, Brent crude oil futures were down 0.1%, while gold futures were up 1.3%. Bitcoin was up 0.5% to $87,004.

On the currency front, the WSJ Dollar Index fell 0.1% to 99.73.

Against the euro, the Icelandic krona was up 0.3%, the Norwegian krone was up 0.2%, the Swedish krona was flat, the Danish krone was flat, and the U.S. dollar was down 0.4%.

Against the U.S. dollar, the Icelandic krona was up 0.7%, the Norwegian krone was up 0.6%, the Swedish krona was up 0.4%, the Danish krone was up 0.4%, and the euro was up 0.4%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 27, 2025 13:05 ET (17:05 GMT)

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