Nordic Shares Decrease; Stolt-Nielsen Falls Furthest

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Stocks in the Nordic region declined Wednesday, with the OMX Nordic 40 Index declining 0.1%.

Stolt-Nielsen Ltd. posted the largest decline among large stocks during the session, falling 6.8%, followed by Volvo Car AB Series B shares, which dropped 6.5%. Shares of Sinch AB dropped 5.6%.

BW LPG Ltd. was the biggest leader, gaining 5.9%, and Var Energi ASA increased 5.1%. International Petroleum Corp. rounded out the top three leaders on Wednesday, with shares gaining 5.0%.

In Denmark, the OMX Copenhagen 20 Index declined 1.0%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, rose 0.1%.

Stocks on Sweden's OMX Stockholm 30 Index rose 0.4%, and Norway's Oslo Exchange Benchmark Index_GI gained 0.9%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index increasing 1.8%.

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

In commodities news, Brent crude oil futures were up 0.4%, while gold futures were down 0.7%. Bitcoin rose 0.8% to $62,230.

On the currency front, the WSJ Dollar Index increased 0.3% to 96.24.

Against the euro, the Norwegian krone was up 0.6%, the Swedish krona was up 0.3%, the Icelandic krona was up 0.2%, the U.S. dollar was up 0.1%, and the Danish krone was flat.

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

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 02, 2024 12:21 ET (16:21 GMT)

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