Nordic Stocks Decline; EQT Posts Biggest Loss

Dow Jones
17 Apr

This article was automatically generated by Dow Jones using technology from Automated Insights.

Nordic stocks fell Wednesday, with the OMX Nordic 40 Index declining 0.8%.

EQT AB posted the largest decline among large stocks during the session, dropping 4.7%, followed by Zealand Pharma A/S shares, which dropped 4.6%. Shares of BioArctic AB Series B fell 4.5%.

Amaroq Minerals Ltd. DR was the biggest leader, surging 13.7%, and Autoliv Inc. SDR increased 7.7%. Modern Times Group MTG AB Cl A rounded out the top three leaders on Wednesday, with shares adding 7.0%.

In Denmark, the OMX Copenhagen 20 Index declined 1.0%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, rose 0.2%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 0.8%, while Norway's Oslo Exchange Benchmark Index_GI was flat at 1,447.47. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index increasing 0.1%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index declining 0.2% and the FTSE 100 Index gaining 0.3% from the previous close.

In commodities news, Brent crude oil futures were up 1.8%, and gold futures were up 3.1%. Bitcoin rose 1.2% to $84,989.

On the currency front, the WSJ Dollar Index dropped 0.6% to 96.23.

Against the euro, the Swedish krona was up 0.4%, the Icelandic krona was up 0.2%, the Danish krone was flat, the Norwegian krone was down 0.1%, and the U.S. dollar was down 0.9%.

Against the U.S. dollar, the Swedish krona was up 1.3%, the Icelandic krona was up 1.0%, the euro was up 0.9%, the Danish krone was up 0.9%, and the Norwegian krone was up 0.8%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 16, 2025 12:06 ET (16:06 GMT)

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