Nordic Stocks Closed Down Thursday; Lundin Mining Fell Furthest

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Stocks in the Nordic region declined Thursday, with the OMX Nordic 40 Index declining 1.2%.

Lundin Mining Corp. posted the largest decline among large stocks during the session, declining 8.9%, followed by Scatec ASA shares, which fell 7.6%. Shares of OEM-International AB Series B fell 6.1%.

GN Store Nord A/S was the was the biggest leader, jumping 11.9%, and Alm. Brand A/S rose 8.5%. Pandora A/S rounded out the top three leaders on Thursday, with shares rising 6.2%.

In Denmark, the OMX Copenhagen 20 Index fell 1.9%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, increased 0.3%.

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

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index falling 0.2% and the FTSE 100 Index increasing 0.6% from the previous close.

In Asia, Japan's NIKKEI 225 Index was down 0.1%, while China's Shanghai Stock Exchange was closed.

In commodities news, Brent crude oil futures were unchanged, while gold futures were unchanged. Bitcoin climbed 3.8% to $59,129.

On the currency front, the WSJ Dollar Index fell 0.2% to 99.90.

Against the euro, the Swedish krona was up 0.2%, the Norwegian krone was up 0.1%, the U.S. dollar was flat, the Danish krone was flat, and the Icelandic krona was down 0.3%.

Against the U.S. dollar, the Swedish krona was up 0.3%, the Norwegian krone was up 0.1%, the Danish krone was flat, the euro was flat, and the Icelandic krona was down 0.3%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 02, 2024 12:45 ET (16:45 GMT)

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