Stocks in Denmark finished the session higher on Wednesday, driven by advances in Personal & Household Goods, Consumer Goods and Healthcare shares.
At the close in Copenhagen the OMX Copenhagen 20 rose 0.63% to reach a new three-month high.
The session's strongest performers on the OMX Copenhagen 20 included Pandora A/S (CSE:PNDORA), which climbed 5.61% or 36.60 points to close at 688.60. Novozymes AS (CSE:NSISb) added 4.65% or 18.40 points, finishing at 414.00, and Rockwool AS B (CSE:ROCKb) gained 3.09% or 7.00 points to end the day at 220.00.
On the downside, Vestas Wind Systems A/S (CSE:VWS) fell 2.59% or 4.60 points to trade at 170.90 at the close. NKT Holding (CSE:NKT) dropped 2.32% or 23.50 points to finish at 989.50, while FLSmidth & Co. (CSE:FLS) declined 1.79% or 8.80 points to 484.00 in late trade.
Market breadth was tilted toward decliners on the Copenhagen Stock Exchange, with 67 issues falling versus 51 advancing; 17 stocks finished unchanged.
In commodity markets, crude oil for August delivery fell 4.44% or $3.25 to trade at $69.96 a barrel. Brent oil for September settlement slipped 4.23% or $3.25 to $73.55 a barrel. Precious metals also retreated, with the August Gold Futures contract down 2.82% or $117.18 to trade at $4,032.22 a troy ounce.
Foreign exchange moves included the USD/DKK rising 0.23% to 6.58, while EUR/DKK was effectively unchanged, moving 0.01% to 7.47. U.S. Dollar Index futures were higher, up 0.19% at 101.36.
Taken together, the session combined selective equity strength led by consumer and healthcare names with pressure in commodity markets and a firmer dollar. Market participants saw a moderate skew in decliners versus advancers on the local exchange.