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Nordic stocks dropped Monday, with the OMX Nordic 40 Index declining 2.9%.

Kaldvik A/S posted the largest decline among large stocks during the session, tumbling 13.8%, followed by FastPartner AB Series A shares, which plunged 10.2%. Shares of Nyfosa AB plunged 10.2%.

Frontline PLC was the biggest leader, surging 11.9%, and Hafnia Ltd. jumped 11.3%. Hoegh Autoliners ASA rounded out the top three leaders on Monday, with shares jumping 10.4%.

In Denmark, the OMX Copenhagen 20 Index dropped 0.8%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, declined 4.6%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 4.7%, while Norway's Oslo Exchange Benchmark Index_GI dropped 0.4%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index declining 2.5%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index falling 4.5% and the FTSE 100 Index dropping 4.4% from the previous close.

In commodities news, Brent crude oil futures were down 1.9%, and gold futures were down 1.1%. Bitcoin fell 1.5% to $78,371.

On the currency front, the WSJ Dollar Index gained 0.6% to 99.78.

Against the euro, the U.S. dollar was up 0.5%, the Danish krone was flat, the Icelandic krona was flat, the Swedish krona was down 0.3%, and the Norwegian krone was down 1.8%.

Against the U.S. dollar, the euro was down 0.5%, the Icelandic krona was down 0.5%, the Danish krone was down 0.5%, the Swedish krona was down 0.8%, and the Norwegian krone was down 2.3%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 07, 2025 12:05 ET (16:05 GMT)

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