Nordic Stocks Closed Up Wednesday; Bakkafrost Climbed Highest

Nordic stocks increased Wednesday, with the OMX Nordic 40 Index rising 0.5%.

Bakkafrost P/F was the biggest leader during the session, adding 7.1%, and Noble Corp. PLC increased 5.3%. SeaDrill Ltd. rounded out the top three leaders on Wednesday, with shares gaining 5.0%.

Frontline PLC posted the largest decline, falling 5.7%, followed by Hafnia Ltd. shares, which declined 4.8%. Shares of D/S Norden A/S declined 4.7%.

In Denmark, the OMX Copenhagen 20 Index fell 0.1%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, rose 0.5%.

Stocks on Sweden's OMX Stockholm 30 Index increased 0.6%, and Norway's Oslo Exchange Benchmark Index_GI rose 0.9%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index rising 0.7%.

Elsewhere in Europe, indexes rose, with the STOXX Europe 600 Index gaining 0.2% and the FTSE 100 Index increasing 0.4% from the previous close.

Stock indexes in Asia were up, with Japan's NIKKEI 225 Index up 1.1% and China's Shanghai Composite Index rising 0.5%.

In commodities news, Brent crude oil futures were down 1.4%, while gold futures were up 1.1%. Bitcoin was up 1.5% to $42,949.

On the currency front, the WSJ Dollar Index declined 0.4% to 95.71.

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

Against the U.S. dollar, the Norwegian krone was up 0.7%, the Swedish krona was up 0.7%, the Danish krone was up 0.6%, the euro was up 0.6%, and the Icelandic krona was up 0.5%.

-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

12-27-23 1248ET