Nordic Stocks Dropped Monday; Zealand Pharma Took Biggest Hit

Nordic stocks declined Monday, with the OMX Nordic 40 Index declining 0.7%.

Zealand Pharma A/S posted the largest decline among large stocks during the session, declining 6.9%, followed by Scatec ASA shares, which fell 5.2%. Shares of Beijer Ref AB Series B fell 4.5%.

Vimian Group AB was the biggest leader, adding 6.2%, and Genmab A/S gained 4.7%. Borr Drilling Ltd. rounded out the top three leaders on Monday, with shares gaining 4.4%.

In Denmark, the OMX Copenhagen 20 Index fell 0.8%, 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 0.3%, while Norway's Oslo Exchange Benchmark Index_GI dropped 0.9%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index falling 1.2%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index falling 0.4% and the FTSE 100 Index gaining 0.1% from the previous close.

Stock indexes in Asia were mixed, with Japan's NIKKEI 225 Index down 2.2% and China's Shanghai Composite Index up 0.7%.

In commodities news, Brent crude oil futures were unchanged, and gold futures were up 0.2%. Bitcoin rose 4.1% to $72,399.

On the currency front, the WSJ Dollar Index was flat at 97.44.

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

-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

03-11-24 1349ET