Stocks in Denmark finished higher on Thursday, with sector advances in Healthcare, Consumer Goods and Technology pushing the market upward by the close in Copenhagen. The OMX Copenhagen 20 recorded a gain of 2.09% at the end of the trading day.
Top movers
The session's strongest performer on the OMX Copenhagen 20 was Zealand Pharma A/S (CSE:ZELA), which climbed 9.02% - an increase of 27.00 points - to close at 326.30. AP Moeller - Maersk A/S B (CSE:MAERSKb) and AP Moeller - Maersk A/S A (CSE:MAERSKa) also contributed materially to the index advance. The B share finished up 8.26%, adding 1,360.00 points to reach 17,815.00 at the close, while the A share rose 8.17%, or 1,310.00 points, ending the session at 17,340.00.
Lagging names
On the downside, Oersted AS (CSE:ORSTED) was the weakest name among the headline stocks, slipping 3.20% - a fall of 5.30 points - to finish at 160.35. Vestas Wind Systems A/S (CSE:VWS) declined 2.31%, down 4.10 points to 173.40, and NKT Holding (CSE:NKT) fell 1.92%, a drop of 20.00 points, to close at 1,020.00.
Market breadth and participation
At the Copenhagen Stock Exchange, advancing issues outnumbered decliners by 65 to 55, while 15 stocks were unchanged at the close.
Commodities and currencies
Commodity markets moved lower for crude oil while gold ticked higher. Crude oil for July delivery fell 3.41%, or 3.27, to $92.75 a barrel. Brent oil for August delivery dropped 3.03%, or 2.96, to $94.85 a barrel. The August Gold Futures contract rose 0.71%, or 31.72, trading at $4,498.62 a troy ounce.
In currency markets, USD/DKK moved down 0.21% to 6.43, while EUR/DKK registered a very small change of 0.03% to 7.47. The US Dollar Index Futures was down 0.17% at 99.33.
What the session shows
The closing snapshot highlights selective strength among healthcare and large-cap consumer and shipping names within the OMX Copenhagen 20, offset by losses in certain energy and renewable-related companies. Trading breadth was modestly positive, with more advancers than decliners at the exchange close.