Nordic Stocks Rose Tuesday; Bavarian Nordic Climbed Highest

Stocks in the Nordic region increased Tuesday, with the OMX Nordic 40 Index rising 0.7%.

Bavarian Nordic A/S was the biggest leader during the session, adding 5.0%, and OX2 AB increased 4.5%. Embracer Group AB Series B rounded out the top three leaders on Tuesday, with shares adding 3.7%.

Sparebank 1 Ostlandet posted the largest decline, declining 3.9%, followed by Munters Group AB shares, which dropped 3.8%. Shares of Vitec Software Group AB Series B declined 2.9%.

In Denmark, the OMX Copenhagen 20 Index gained 0.4%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, rose 1.8%.

Stocks on Sweden's OMX Stockholm 30 Index rose 0.8%, and Norway's Oslo Exchange Benchmark Index_GI was flat at 1,247.21. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index gaining 0.2%.

Elsewhere in Europe, indexes rose, with the STOXX Europe 600 Index increasing 1.0% and the FTSE 100 Index increasing 1.7% from the previous close.

Stock indexes in Asia were up, with Japan's NIKKEI 225 Index up 0.2% and China's Shanghai Composite Index rising 1.2%.

In commodities news, Brent crude oil futures were up 0.4%, and gold futures were up 0.8%. Bitcoin was up 7.5% to $27,938.

On the currency front, the WSJ Dollar Index dropped 0.3% to 98.30.

Against the euro, the Norwegian krone was up 0.4%, the Swedish krona was up 0.4%, the Icelandic krona was up 0.2%, the Danish krone was flat, and the U.S. dollar was down 0.3%.

Against the U.S. dollar, the Norwegian krone was up 0.7%, the Swedish krona was up 0.7%, the Icelandic krona was up 0.4%, the Danish krone was up 0.3%, and the euro was up 0.3%.

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

Write to Barcelona Editors at [e-mail]

(END) Dow Jones Newswires

08-29-23 1255ET