Nordic Shares Moved Upward Tuesday; Ericsson A Topped Leaders

Stocks in the Nordic region gained Tuesday, with the OMX Nordic 40 Index rising 0.1%.

Telefon AB L.M. Ericsson Series A was the biggest leader during the session, increasing 8.8%, and Telefon AB L.M. Ericsson Series B gained 6.1%. Embracer Group AB Series B rounded out the top three leaders on Tuesday, with shares gaining 6.1%.

Nokia Corp. posted the largest decline, dropping 6.2%, followed by Nokia Corp. shares, which declined 5.9%. Shares of Millicom International Cellular S.A. declined 5.8%.

In Denmark, the OMX Copenhagen 20 Index fell 0.3%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, declined 0.2%.

Stocks on Sweden's OMX Stockholm 30 Index rose 0.6%, and Norway's Oslo Exchange Benchmark Index_GI increased 0.1%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index rising 0.7%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index increasing 0.4% and the FTSE 100 Index falling 0.3% from the previous close.

Stock indexes in Asia were down, with Japan's NIKKEI 225 Index dropping 1.4% and China's Shanghai Composite Index falling 1.7%.

In commodities news, Brent crude oil futures were down 0.4%, and gold futures were down 0.3%. Bitcoin was up 3.3% to $43,434.

On the currency front, the WSJ Dollar Index increased 0.2% to 98.21.

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

Against the U.S. dollar, the Icelandic krona was down 0.1%, the euro was down 0.4%, the Swedish krona was down 0.4%, the Danish krone was down 0.4%, and the Norwegian krone was down 0.5%.

-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

December 05, 2023 12:52 ET (17:52 GMT)

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