Stocks in Denmark finished lower on Monday, with the OMX Copenhagen 20 closing down 0.67% in Copenhagen trade. Sector declines in Real Estate, Healthcare and Chemicals were cited as primary contributors to the session's negative tone.
The session's strongest performers on the OMX Copenhagen 20 included:
- Oersted AS (CSE:ORSTED) - advanced 4.50%, adding 6.60 points to close at 153.35.
- Demant A/S (CSE:DEMANT) - rose 4.09%, an increase of 7.20 points to finish at 183.40.
- Danske Bank A/S (CSE:DANSKE) - gained 2.58%, up 8.40 points to end the day at 334.30.
At the other end of the index, the largest percentage declines were recorded by:
- DSV Panalpina A/S (CSE:DSV) - fell 3.08%, a drop of 52.00 points to close at 1,638.00.
- Coloplast A/S (CSE:COLOb) - declined 2.76%, down 13.50 points to finish at 475.10.
- Zealand Pharma A/S (CSE:ZELA) - decreased 2.40%, losing 9.60 points to end at 390.10.
Trading breadth on the Copenhagen exchange showed 57 stocks down, 57 stocks up and 25 unchanged.
Coloplast's share price moved to a five-year low during the session, closing 2.76% lower at 475.10.
Commodity markets recorded modest moves: crude oil for April delivery rose 1.10% or 0.69 to $63.44 a barrel, while Brent oil for April settlement increased 1.03% or 0.70 to $68.45 a barrel. April Gold Futures slipped 0.77% or 38.75 to trade at 5,007.55 a troy ounce.
Currency and dollar-based indicators showed small shifts. USD/DKK was up 0.14% to 6.30, EUR/DKK changed by 0.03% to 7.47, and the US Dollar Index Futures was up 0.16% at 96.97.
Market participants closed the day with the benchmark lower and a mix of gains and losses among large-cap names. The session highlighted divergent performance within the OMX Copenhagen 20, as several stocks posted meaningful moves in both directions.