Nordic Stocks Decrease; Corem Property Series B Takes Biggest Hit

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Stocks in the Nordic region fell Thursday, with the OMX Nordic 40 Index declining 0.8%.

Corem Property Group AB Series B posted the largest decline among large stocks during the session, plunging 11.2%, followed by Corem Property Group AB Series A shares, which fell 9.9%. Shares of Corem Property Group AB Series D declined 8.1%.

Bakkafrost P/F was the biggest leader, rising 5.0%, and TGS ASA increased 4.7%. Yubico AB rounded out the top three leaders on Thursday, with shares increasing 4.5%.

In Denmark, the OMX Copenhagen 20 Index fell 0.4%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, fell 0.8%.

Stocks on Sweden's OMX Stockholm 30 Index declined 1.0%, while Norway's Oslo Exchange Benchmark Index_GI fell 0.1%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index falling 1.1%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index declining 0.9% and the FTSE 100 Index falling 0.1% from the previous close.

In commodities news, Brent crude oil futures were up 4.1%, and gold futures were flat. Bitcoin was up 0.7% to $60,621.

On the currency front, the WSJ Dollar Index rose 0.4% to 96.76.

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

Against the U.S. dollar, the Icelandic krona was down 0.1%, the euro was down 0.2%, the Danish krone was down 0.3%, the Norwegian krone was down 0.4%, and the Swedish krona was down 0.5%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 03, 2024 12:21 ET (16:21 GMT)

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