Nordic Stocks Close Up; Ratos Series A Tops Leaders

Dow Jones
28 Dec 2024

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

Nordic stocks rose Friday, with the OMX Nordic 40 Index rising 1.6%.

Ratos AB Series A was the biggest leader among large stocks during the session, jumping 12.9%, and Marel hf. gained 5.5%. International Petroleum Corp. rounded out the top three leaders on Friday, with shares increasing 4.7%.

Borr Drilling Ltd. posted the largest decline, dropping 4.5%, followed by Lundin Gold Inc. shares, which dropped 2.9%. Shares of Kaldvik A/S dropped 2.2%.

In Denmark, the OMX Copenhagen 20 Index increased 1.9%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, gained 1.8%.

Stocks on Sweden's OMX Stockholm 30 Index increased 0.8%, and Norway's Oslo Exchange Benchmark Index_GI gained 1.2%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index gaining 1.2%.

Elsewhere in Europe, indexes rose, with the STOXX Europe 600 Index adding 0.7% and the FTSE 100 Index rising 0.2% from the previous close.

In commodities news, Brent crude oil futures were up 1.0%, while gold futures were down 0.8%. Bitcoin fell 1.6% to $93,948.

On the currency front, the WSJ Dollar Index was flat at 102.49.

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

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

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 27, 2024 12:05 ET (17:05 GMT)

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