Nordic Stocks Decline; Sinch Takes Biggest Hit

Dow Jones
Jun 20, 2025

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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