Shares in Denmark ended the trading day with a small gain on Thursday, as the OMX Copenhagen 20 climbed 0.15% at the close in Copenhagen. Strength in the Technology, Consumer Goods and Personal & Household Goods sectors helped push the index higher.
Among the index constituents, Demant A/S (CSE:DEMANT) was the session's top performer, advancing 4.43% - an increase of 8.30 points to finish at 195.50. Pandora A/S (CSE:PNDORA) also posted a solid rise, adding 3.16% or 15.80 points to settle at 516.20. Tryg A/S (CSE:TRYG) closed up 1.56%, gaining 2.40 points to reach 156.30 in late trade.
On the downside, Rockwool AS B (CSE:ROCKb) led the decliners with a 2.03% drop, losing 4.00 points to end at 208.00. FLSmidth & Co. (CSE:FLS) slipped 0.88%, or 5.00 points, to close at 560.50, while Oersted AS (CSE:ORSTED) declined 0.87%, down 1.35 points to 153.90.
Market internals were essentially balanced. On the Copenhagen Stock Exchange, falling stocks narrowly outnumbered advancing issues by 60 to 59, while 15 stocks finished unchanged.
Commodities and currency markets provided additional backdrop to the session. Crude oil for April delivery rose 1.85% - up $1.21 - to $66.63 a barrel. Brent for May delivery gained 2.24%, or $1.58, to $72.27 a barrel. Precious metals moved differently: the April Gold Futures contract fell 0.56%, a decline of $29.14, trading at $5,197.06 a troy ounce.
In foreign exchange trading, the U.S. dollar strengthened slightly against the Danish krone, with USD/DKK up 0.16% to 6.34. EUR/DKK was effectively unchanged, moving 0.03% to 7.47. The U.S. Dollar Index Futures rose 0.12% to 97.74.
A short product note that appeared in market commentary highlighted AI-driven stock-picking services. It stated that AI-powered portfolios had produced multiple winners year-to-date, with two thirds of global portfolios beating their benchmarks and 88% in positive territory. The note cited a flagship strategy that reportedly outperformed the S&P 500 within an 18-month period, naming specific past winners and inviting readers to consider AI-based selections.
Overall, the trading day closed with a slight upward bias for the Danish benchmark, led by select gains among consumer-oriented and technology-related names, while industrial and energy-linked names showed mixed moves amid broader commodity and currency shifts.