Nordic Stocks Declined Monday; NEL Took Biggest Hit

Nordic stocks declined Monday, with the OMX Nordic 40 Index declining 0.3%.

NEL ASA posted the largest decline during the session, declining 7.9%, followed by Embracer Group AB Series B shares, which dropped 6.9%. Shares of Scatec ASA declined 5.6%.

Iceland Seafood International hf. was the biggest leader, rising 3.8%, and H. Lundbeck A/S Cl B gained 3.0%. Fastighets AB Balder Series B rounded out the top three leaders on Monday, with shares increasing 2.5%.

In Denmark, the OMX Copenhagen 20 Index dropped 0.8%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, dropped 1.2%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 0.5%, while Norway's Oslo Exchange Benchmark Index_GI dropped 1.2%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index falling 0.1%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index dropping 0.6% and the FTSE 100 Index falling 0.8% from the previous close.

Stock indexes in Asia were mixed, with Japan's NIKKEI 225 Index up 0.9% and China's Shanghai Composite Index down 0.5%.

In commodities news, Brent crude oil futures were down 0.1%, and gold futures were down 0.5%. Bitcoin fell 0.5% to $26,365.

On the currency front, the WSJ Dollar Index rose 0.3% to 99.97.

Against the euro, the Swedish krona was up 1.3%, the U.S. dollar was up 0.5%, the Norwegian krone was up 0.2%, the Icelandic krona was up 0.1%, and the Danish krone was flat.

Against the U.S. dollar, the Swedish krona was up 0.7%, the Norwegian krone was down 0.4%, the Icelandic krona was down 0.4%, the euro was down 0.5%, and the Danish krone was down 0.5%.

-This article was automatically generated by MarketWatch using technology from Automated Insights. Data source: Dow Jones Market Data, FactSet.

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(END) Dow Jones Newswires

09-25-23 1246ET