Nordic Shares Rose Monday; Kindred Group SDR Led Increases

Stocks in the Nordic region rose Monday, with the OMX Nordic 40 Index rising 0.7%.

Kindred Group PLC SDR was the biggest leader during the session, surging 16.7%, and Protector Forsikring ASA surged 10.1%. Skel Fjarfestingafelag hf. rounded out the top three leaders on Monday, with shares increasing 7.9%.

Avance Gas Holding Ltd. posted the largest decline, declining 4.4%, followed by NCAB Group AB shares, which fell 4.3%. Shares of Electrolux AB Series A declined 4.2%.

In Denmark, the OMX Copenhagen 20 Index dropped 0.1%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, rose 0.7%.

Stocks on Sweden's OMX Stockholm 30 Index increased 1.4%, and Norway's Oslo Exchange Benchmark Index_GI was flat at 1,278.24. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index gaining 4.1%.

Elsewhere in Europe, indexes rose, with the STOXX Europe 600 Index adding 0.8% and the FTSE 100 Index adding 0.3% from the previous close.

Stock indexes in Asia were mixed, with Japan's NIKKEI 225 Index up 1.6% and China's Shanghai Composite Index down 2.7%.

In commodities news, Brent crude oil futures were up 1.9%, while gold futures were down 0.2%. Bitcoin slipped 2.9% to $40,602.

On the currency front, the WSJ Dollar Index held steady at 97.84.

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

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

-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 22, 2024 12:52 ET (17:52 GMT)

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