Nordic Stocks Decrease; NCAB Group Takes Biggest Hit

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

Nordic stocks fell Tuesday, with the OMX Nordic 40 Index declining 0.5%.

NCAB Group AB posted the largest decline among large stocks during the session, falling 6.4%, followed by Nolato AB Series B shares, which dropped 6.4%. Shares of Nordic Semiconductor ASA dropped 6.3%.

BW LPG Ltd. was the biggest leader, gaining 5.2%, and Skel Fjarfestingafelag hf. gained 3.9%. Arion Banki hf. SDR rounded out the top three leaders on Tuesday, with shares adding 3.7%.

In Denmark, the OMX Copenhagen 20 Index gained 0.3%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, fell 0.7%.

Stocks on Sweden's OMX Stockholm 30 Index declined 0.6%, while Norway's Oslo Exchange Benchmark Index_GI rose 0.6%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index increasing 0.5%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index falling 0.4% and the FTSE 100 Index gaining 0.5% from the previous close.

In commodities news, Brent crude oil futures were up 3.6%, and gold futures were up 0.9%. Bitcoin fell 1.2% to $62,697.

On the currency front, the WSJ Dollar Index gained 0.4% to 95.99.

Against the euro, the U.S. dollar was up 0.6%, the Icelandic krona was up 0.4%, the Norwegian krone was flat, the Danish krone was flat, and the Swedish krona was down 0.6%.

Against the U.S. dollar, the Icelandic krona was down 0.2%, the Norwegian krone was down 0.6%, the euro was down 0.6%, the Danish krone was down 0.7%, and the Swedish krona was down 1.2%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 01, 2024 12:21 ET (16:21 GMT)

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