Nordic Shares Closed Up Tuesday; Storskogen Group Series B Topped Leaders

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

Stocks in the Nordic region rose Tuesday, with the OMX Nordic 40 Index rising 1.7%.

Storskogen Group AB Series B was the biggest leader among large stocks during the session, jumping 13.8%, and BioGaia AB Series B surged 13.4%. Embracer Group AB Series B rounded out the top three leaders on Tuesday, with shares increasing 8.3%.

Sinch AB posted the largest decline, plunging 15.2%, followed by Better Collective A/S shares, which declined 4.5%. Shares of Norwegian Air Shuttle ASA declined 4.4%.

In Denmark, the OMX Copenhagen 20 Index increased 2.7%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, rose 0.3%.

Stocks on Sweden's OMX Stockholm 30 Index rose 1.1%, and Norway's Oslo Exchange Benchmark Index_GI increased 0.3%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index dropping 0.4%.

Elsewhere in Europe, indexes rose, with the STOXX Europe 600 Index increasing 1.1% and the FTSE 100 Index increasing 1.2% from the previous close.

Stock indexes in Asia were up, with Japan's NIKKEI 225 Index up 1.6% and China's Shanghai Composite Index rising 0.2%.

In commodities news, Brent crude oil futures were unchanged, while gold futures were down 0.4%. Bitcoin climbed 0.8% to $63,680.

On the currency front, the WSJ Dollar Index increased 0.2% to 99.66.

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

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

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 07, 2024 12:45 ET (16:45 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.