Nordic Stocks Decreased Thursday; Volvo Car Series B Took Biggest Hit

Nordic stocks dropped Thursday, with the OMX Nordic 40 Index declining 0.9%.

Volvo Car AB Series B posted the largest decline during the session, falling 9.5%, followed by Orkla ASA shares, which fell 7.9%. Shares of Loomis AB dropped 7.8%.

Dometic Group AB was the biggest leader, surging 11.7%, and Lindab International AB jumped 11.4%. Neste Oyj rounded out the top three leaders on Thursday, with shares adding 9.2%.

In Denmark, the OMX Copenhagen 20 Index declined 1.2%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, increased 0.7%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 0.4%, while Norway's Oslo Exchange Benchmark Index_GI declined 0.5%. Shares in Iceland increased, with the OMX Iceland All-Share PI Equity Index adding 1.1%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index declining 0.5% and the FTSE 100 Index dropping 0.8% from the previous close.

Stock indexes in Asia were mixed, with Japan's NIKKEI 225 Index down 2.1% and China's Shanghai Composite Index up 0.5%.

In commodities news, Brent crude oil futures were down 1.7%, while gold futures were up 0.1%. Bitcoin was down 1.9% to $34,010.

On the currency front, the WSJ Dollar Index rose 0.1% to 100.90.

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

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

-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

10-26-23 1252ET