Nordic Stocks Dropped Monday; Saab AB Series B Fell Furthest

Nordic stocks dropped Monday, with the OMX Nordic 40 Index declining 0.5%.

Saab AB Series B posted the largest decline during the session, falling 5.0%, followed by Aker Solutions ASA shares, which dropped 4.5%. Shares of Skel Fjarfestingafelag hf. dropped 3.1%.

OEM-International AB Series B was the biggest leader, increasing 6.5%, and AddLife AB gained 4.3%. GN Store Nord A/S rounded out the top three leaders on Monday, with shares adding 4.0%.

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

Stocks on Sweden's OMX Stockholm 30 Index fell 0.1%, while Norway's Oslo Exchange Benchmark Index_GI dropped 0.3%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index declining 0.2%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index dropping 0.3% and the FTSE 100 Index declining 0.4% from the previous close.

Stock indexes in Asia were down, with Japan's NIKKEI 225 Index dropping 0.5% and China's Shanghai Composite Index falling 0.3%.

In commodities news, Brent crude oil futures were down 0.3%, while gold futures were up 0.4%. Bitcoin was down 0.7% to $37,164.

On the currency front, the WSJ Dollar Index declined 0.1% to 98.04.

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

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

-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

11-27-23 1248ET