Nordic Stocks Declined Tuesday; NEL Took Biggest Hit

Nordic stocks declined Tuesday, with the OMX Nordic 40 Index declining 1.5%.

NEL ASA posted the largest decline during the session, falling 6.4%, followed by Oersted A/S shares, which declined 6.0%. Shares of DNO ASA dropped 5.9%.

Carlsberg A/S Series B was the biggest leader, adding 3.4%, and Ossur hf. rose 3.0%. Hemnet Group AB rounded out the top three leaders on Tuesday, with shares increasing 2.9%.

In Denmark, the OMX Copenhagen 20 Index fell 1.5%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, dropped 1.5%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 1.0%, while Norway's Oslo Exchange Benchmark Index_GI declined 1.4%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index dropping 0.9%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index declining 1.1% and the FTSE 100 Index falling 0.5% from the previous close.

In Asia, Japan's NIKKEI 225 Index was down 1.6%, while China's Shanghai Stock Exchange was closed.

In commodities news, Brent crude oil futures were up 0.9%, while gold futures were down 0.2%. Bitcoin fell 1.6% to $27,406.

On the currency front, the WSJ Dollar Index fell 0.1% to 100.75.

Against the euro, the Icelandic krona was up 0.5%, the U.S. dollar was flat, the Danish krone was flat, the Swedish krona was down 0.3%, and the Norwegian krone was down 0.9%.

Against the U.S. dollar, the Icelandic krona was up 0.4%, the euro was down 0.1%, the Danish krone was down 0.1%, the Swedish krona was down 0.4%, and the Norwegian krone was down 1.0%.

-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

10-03-23 1249ET