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Nordic Stocks Rise; Icelandair Group Climbs Highest

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

Stocks in the Nordic region gained Thursday, with the OMX Nordic 40 Index rising 0.6%.

Icelandair Group Hf. was the biggest leader among large stocks during the session, adding 8.7%, and Amaroq Minerals Ltd. DR rose 6.9%. SSAB AB Series B rounded out the top three leaders on Thursday, with shares gaining 6.6%.

Nordic Semiconductor ASA posted the largest decline, plummeting 24.2%, followed by DOF Group ASA shares, which dropped 7.5%. Shares of Subsea 7 S.A. fell 7.0%.

In Denmark, the OMX Copenhagen 20 Index dropped 1.0%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, increased 1.7%.

Stocks on Sweden's OMX Stockholm 30 Index increased 1.2%, while Norway's Oslo Exchange Benchmark Index_GI fell 0.8%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index rising 0.6%.

Elsewhere in Europe, indexes rose, with the STOXX Europe 600 Index gaining 1.2% and the FTSE 100 Index rising 0.2% from the previous close.

In commodities news, Brent crude oil futures were down 2.0%, while gold futures were up 0.4%. Bitcoin rose 3.2% to $65,180.

On the currency front, the WSJ Dollar Index declined 0.4% to 95.62.

Against the euro, the Swedish krona was up 0.3%, the Norwegian krone was up 0.1%, the Danish krone was flat, the Icelandic krona was down 0.1%, and the U.S. dollar was down 0.4%.

Against the U.S. dollar, the Swedish krona was up 0.7%, the Norwegian krone was up 0.4%, the Danish krone was up 0.4%, the euro was up 0.4%, and the Icelandic krona was up 0.2%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

September 26, 2024 12:21 ET (16:21 GMT)

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