Nordic Shares Dropped Tuesday; Autostore Holdings Took Biggest Hit

Nordic stocks declined Tuesday, with the OMX Nordic 40 Index declining 0.3%.

Autostore Holdings Ltd. posted the largest decline during the session, dropping 6.3%, followed by Swedbank AB Series A shares, which declined 4.0%. Shares of Corem Property Group AB Series A declined 4.0%.

Koebenhavns Lufthavne A/S was the biggest leader, rising 5.2%, and engcon AB Cl B increased 4.8%. Arion Banki hf. SDR rounded out the top three leaders on Tuesday, with shares gaining 4.2%.

In Denmark, the OMX Copenhagen 20 Index increased 0.2%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, dropped 0.4%.

Stocks on Sweden's OMX Stockholm 30 Index fell 0.7%, while Norway's Oslo Exchange Benchmark Index_GI fell 0.1%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index increasing 0.5%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index falling 0.2% and the FTSE 100 Index falling 0.5% from the previous close.

Stock indexes in Asia were mixed, with Japan's NIKKEI 225 Index down 0.8% and China's Shanghai Composite Index up 0.3%.

In commodities news, Brent crude oil futures were down 0.3%, and gold futures were down 1.0%. Bitcoin climbed 1.1% to $43,244.

On the currency front, the WSJ Dollar Index rose 0.8% to 97.90.

Against the euro, the U.S. dollar was up 0.8%, the Icelandic krona was up 0.3%, the Danish krone was flat, the Swedish krona was down 0.3%, and the Norwegian krone was down 0.5%.

Against the U.S. dollar, the Icelandic krona was down 0.5%, the euro was down 0.8%, the Danish krone was down 0.8%, the Swedish krona was down 1.1%, and the Norwegian krone was down 1.3%.

-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

January 16, 2024 12:47 ET (17:47 GMT)

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