Nordic Stocks Declined Tuesday; Nordic Semiconductor Posted Biggest Loss

Stocks in the Nordic region dropped Tuesday, with the OMX Nordic 40 Index declining 0.3%.

Nordic Semiconductor ASA posted the largest decline during the session, plummeting 20.1%, followed by Sinch AB shares, which plunged 12.3%. Shares of Munters Group AB declined 7.1%.

Autostore Holdings Ltd. was the biggest leader, gaining 5.0%, and Borr Drilling Ltd. gained 4.8%. BlueNord ASA rounded out the top three leaders on Tuesday, with shares increasing 4.1%.

In Denmark, the OMX Copenhagen 20 Index rose 0.4%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, declined 1.0%.

Stocks on Sweden's OMX Stockholm 30 Index declined 0.8%, while Norway's Oslo Exchange Benchmark Index_GI fell 0.2%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index declining 1.1%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index dropping 0.1% and the FTSE 100 Index rising 0.6% from the previous close.

Stock indexes in Asia were up, with Japan's NIKKEI 225 Index up 1.2% and China's Shanghai Composite Index rising 0.3%.

In commodities news, Brent crude oil futures were down 0.2%, while gold futures were up 0.2%. Bitcoin rose 0.6% to $28,514.

On the currency front, the WSJ Dollar Index declined 0.1% to 100.24.

Against the euro, the Danish krone was flat, the Swedish krona was down 0.1%, the Icelandic krona was down 0.1%, the U.S. dollar was down 0.3%, and the Norwegian krone was down 0.5%.

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

-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

10-17-23 1246ET