Nordic Stocks Rose Thursday; Volvo Car Series B Led Increases

Nordic stocks rose Thursday, with the OMX Nordic 40 Index rising 0.3%.

Volvo Car AB Series B was the biggest leader among large stocks during the session, soaring 26.4%, and Protector Forsikring ASA surged 14.3%. Electrolux Professional AB Series B rounded out the top three leaders on Thursday, with shares increasing 7.5%.

Sinch AB posted the largest decline, plunging 12.3%, followed by Getinge AB Series B shares, which plunged 11.9%. Shares of UPM-Kymmene Oyj plunged 10.9%.

In Denmark, the OMX Copenhagen 20 Index increased 1.0%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, declined 1.4%.

Stocks on Sweden's OMX Stockholm 30 Index rose 0.3%, and Norway's Oslo Exchange Benchmark Index_GI gained 0.1%. Shares in Iceland were flat, with the OMX Iceland All-Share PI Equity Index holding steady at 2,334.04.

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

Stock indexes in Asia were down, with Japan's NIKKEI 225 Index dropping 0.8% and China's Shanghai Composite Index falling 0.6%.

In commodities news, Brent crude oil futures were up 1.1%, and gold futures were up 0.5%. Bitcoin climbed 1.4% to $43,024.

On the currency front, the WSJ Dollar Index declined 0.2% to 97.57.

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

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

02-01-24 1247ET