Stocks listed in Denmark ended higher at Friday's close, with the benchmark OMX Copenhagen 20 advancing 1.28% to register a new one-month peak. Sector strength in Consumer Goods, Oil & Gas and Personal & Household Goods underpinned the session's gains.
At the close in Copenhagen the OMX Copenhagen 20 finished up 1.28%, marking its strongest level in one month.
Leading gainers
- Demant A/S (CSE:DEMANT) was the top mover on the index, climbing 5.59% - an increase of 10.50 points - to close at 198.30.
- Rockwool AS B (CSE:ROCKb) added 3.55% or 7.00 points to end the session at 189.00.
- DSV Panalpina A/S (CSE:DSV) rose 3.11%, gaining 50.50 points to finish at 1,673.00.
Heavier declines
- Zealand Pharma A/S (CSE:ZELA) fell 3.03% or 9.00 points to close at 287.80.
- AP Moeller - Maersk A/S B (CSE:MAERSKb) declined 2.53%, slipping 410.00 points to 15,825.00.
- AP Moeller - Maersk A/S A (CSE:MAERSKa) was down 2.25% or 360.00 points to 15,620.00.
Advancing issues outnumbered decliners on the Copenhagen Stock Exchange, with 85 stocks rising compared to 39 that fell while 11 closed unchanged.
Commodities and currencies
Commodity trading showed mixed moves during the session. Crude oil for May delivery increased 0.87% - up 0.85 - to $98.72 a barrel. Brent oil for June delivery rose 0.70% or 0.67, reaching $96.59 a barrel. The June Gold Futures contract slipped 0.37%, a drop of 17.66, to trade at $4,800.34 a troy ounce.
In foreign exchange, USD/DKK moved lower by 0.27% to 6.37, while EUR/DKK was effectively flat, changing 0.02% to 7.47. The US Dollar Index Futures traded down 0.18% at 98.41.
This session's market breadth, notable individual movers and the contemporaneous shifts in commodities and currencies characterized a broadly positive day for the Copenhagen market, with specific names and sectors showing divergent outcomes.