Nordic Shares Decreased Thursday; Avance Gas Holding Took Biggest Hit

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

Avance Gas Holding Ltd. posted the largest decline during the session, tumbling 12.1%, followed by BW LPG Ltd. shares, which fell 9.8%. Shares of BioArctic AB Series B dropped 9.4%.

Autostore Holdings Ltd. was the biggest leader, adding 9.6%, and Bakkafrost P/F increased 6.0%. Elkem ASA rounded out the top three leaders on Thursday, with shares increasing 5.3%.

In Denmark, the OMX Copenhagen 20 Index fell 0.7%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, declined 0.5%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 0.2%, while Norway's Oslo Exchange Benchmark Index_GI dropped 0.6%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index increasing 0.1%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index falling 0.8% and the FTSE 100 Index falling 1.0% from the previous close.

Stock indexes in Asia were up, with Japan's NIKKEI 225 Index up 1.8% and China's Shanghai Composite Index rising 0.3%.

In commodities news, Brent crude oil futures were up 1.8%, while gold futures were down 0.4%. Bitcoin slipped 0.4% to $45,763.

On the currency front, the WSJ Dollar Index rose 0.2% to 97.20.

Against the euro, the U.S. dollar was up 0.3%, the Norwegian krone was up 0.2%, the Danish krone was flat, the Icelandic krona was down 0.1%, and the Swedish krona was down 0.5%.

Against the U.S. dollar, the Norwegian krone was flat, the Danish krone was down 0.2%, the euro was down 0.3%, the Icelandic krona was down 0.3%, and the Swedish krona was down 0.8%.

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

-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

January 11, 2024 12:48 ET (17:48 GMT)

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