Stocks in Denmark closed higher on Friday, with sector strength in Consumer Goods, Healthcare and Real Estate helping lift the benchmark index.
At the close of trading in Copenhagen, the OMX Copenhagen 20 added 0.20%.
The session's top performers on the OMX Copenhagen 20 were AP Moeller - Maersk A/S B (CSE:MAERSKb), which climbed 4.25% - a gain of 625.00 points - to finish at 15,330.00. Novozymes A/S (CSE:NSISb) was next, rising 3.90% or 15.00 points to end the day at 400.00. AP Moeller - Maersk A/S A (CSE:MAERSKa) also posted a strong showing, up 3.87% or 570.00 points to close at 15,310.00.
On the downside, several financial names weighed on the session. Danske Bank A/S (CSE:DANSKE) fell 3.52% - a decline of 11.90 points - to finish at 325.90. NKT Holding (CSE:NKT) lost 3.03% or 25.50 points to close at 815.50, while Jyske Bank A/S (CSE:JYSK) dipped 2.71% - down 26.00 points - to 933.00 at the close.
Market breadth on the Copenhagen Stock Exchange was tilted toward declines: falling issues outnumbered advancing ones by 84 to 41, and 15 stocks finished unchanged.
In commodities trading, March crude oil was unchanged - 0.00% or 0.00 - at $62.84 a barrel. Brent crude for April delivery rose 0.21% or $0.14 to $67.66 a barrel. The April Gold Futures contract increased 2.02% or $99.94 to trade at $5,048.34 a troy ounce.
Foreign-exchange rates were largely stable. USD/DKK was unchanged, moving 0.06% to 6.30, while EUR/DKK was unchanged, moving 0.05% to 7.47. The US Dollar Index Futures was up 0.01% at 96.85.
Context and implications
The intra-day gains were concentrated among select consumer and industrial names, while weakness in key bank stocks limited broader upside. With advancing stocks outnumbered by decliners, the modest index gain reflects a mix of concentrated strength and broader market reluctance to push significantly higher.