Nordic Stocks Closed Up Tuesday; Novo Nordisk Series B Led Increases

Stocks in the Nordic region rose Tuesday, with the OMX Nordic 40 Index rising 4.1%.

Novo Nordisk A/S Series B was the biggest leader during the session, jumping 17.3%, and Zealand Pharma A/S increased 8.5%. BioArctic AB Series B rounded out the top three leaders on Tuesday, with shares gaining 5.9%.

DNO ASA posted the largest decline, declining 5.6%, followed by FLSmidth & Co. A/S shares, which dropped 4.2%. Shares of Autostore Holdings Ltd. dropped 3.9%.

In Denmark, the OMX Copenhagen 20 Index rose 9.4%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, dropped 0.8%.

Stocks on Sweden's OMX Stockholm 30 Index fell 0.7%, while Norway's Oslo Exchange Benchmark Index_GI fell 0.6%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index increasing 0.5%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index declining 0.2% and the FTSE 100 Index falling 0.4% from the previous close.

Stock indexes in Asia were mixed, with Japan's NIKKEI 225 Index up 0.4% and China's Shanghai Composite Index down 0.3%.

In commodities news, Brent crude oil futures were unchanged, while gold futures were down 0.4%. Bitcoin climbed 1.5% to $29,600.

On the currency front, the WSJ Dollar Index increased 0.5% to 97.26.

Against the euro, the U.S. dollar was up 0.4%, the Icelandic krona was up 0.4%, the Danish krone was flat, the Norwegian krone was down 0.8%, and the Swedish krona was down 0.9%.

Against the U.S. dollar, the Icelandic krona was flat, the euro was down 0.4%, the Danish krone was down 0.4%, the Norwegian krone was down 1.2%, and the Swedish krona was down 1.3%.

-This article was automatically generated by MarketWatch using technology from Automated Insights. Data source: Dow Jones Market Data, FactSet.

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(END) Dow Jones Newswires

08-08-23 1251ET