Stocks in Denmark closed lower on Wednesday, with sector-specific declines in Personal & Household Goods, Software & Computer Services and Technology contributing to the overall pullback.
At the close in Copenhagen, the OMX Copenhagen 20 ended the day down 0.21%.
Top performers
- Zealand Pharma A/S (CSE:ZELA) led gains on the index, rising 3.97% - equal to 10.30 points - to finish at 270.00.
- Novo Nordisk A/S Class B (CSE:NOVOb) added 1.15% or 2.90 points to close at 249.80.
- Vestas Wind Systems A/S (CSE:VWS) was up 0.92% or 1.50 points, ending the session at 159.40.
Heaviest declines
- NKT Holding (CSE:NKT) was the weakest on the index, falling 3.30% or 27.50 points to close at 806.00.
- Coloplast A/S (CSE:COLOb) declined 2.67% or 12.10 points to end at 441.50.
- Pandora A/S (CSE:PNDORA) slipped 2.06% or 9.90 points to finish at 469.60.
Decliners outpaced advancers on the Copenhagen bourse by 82 to 34, while 18 stocks finished unchanged.
Notably, shares of Coloplast A/S fell to 5-year lows, decreasing 2.67% or 12.10 to 441.50. Pandora A/S shares dropped to 3-year lows, down 2.06% or 9.90 to 469.60.
Commodities and currencies
Commodity markets showed significant movement during the session. Crude oil for April delivery rose 5.42% or 4.52 to $87.97 a barrel. Brent oil for May delivery climbed 5.44% or 4.78 to $92.58 a barrel. In contrast, the April Gold Futures contract fell 1.30% or 68.39 to trade at $5,173.71 a troy ounce.
In foreign exchange, USD/DKK was up 0.35% at 6.46, while EUR/DKK was effectively unchanged, moving 0.01% to 7.47. The US Dollar Index Futures advanced 0.43% to 99.23.
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