Stocks in Denmark finished the trading day higher on Friday, led by advances in the Consumer Goods, Chemicals and Financials sectors. At the close in Copenhagen, the OMX Copenhagen 20 index registered a gain of 1.00%.
Among the index constituents, Rockwool AS B (CSE:ROCKb) produced the largest percentage increase, climbing 4.55% - an advance of 9.00 points - to finish at 211.00. Jyske Bank A/S (CSE:JYSK) added 2.94% or 26.50 points to end the session at 929.00. Danske Bank A/S (CSE:DANSKE) also contributed to the upside, rising 2.85% - up 9.40 points - to close at 339.40.
Not all large caps moved higher. AP Moeller - Maersk A/S B (CSE:MAERSKb) led the decliners, falling 4.11% or 760.00 points to trade at 17,715.00 at the close. The A share class, AP Moeller - Maersk A/S A (CSE:MAERSKa), decreased 3.25% - down 580.00 points - to finish at 17,290.00. Oersted AS (CSE:ORSTED) slipped 1.11% or 1.75 points to close at 156.30.
On market breadth, advancing issues outnumbered decliners on the Copenhagen exchange by 64 to 55, while 18 stocks finished unchanged.
Commodities traded with notable moves intraday. Crude oil for July delivery fell 3.82%, a drop of 3.35, to $84.36 a barrel. Brent oil for August settlement declined 3.83% or 3.46 to $86.92 a barrel. In contrast, the August gold futures contract rose 3.23% - an increase of 132.76 - to trade at $4,246.76 per troy ounce.
Foreign exchange rates involving the krone were largely unchanged. The USD/DKK pair was effectively flat, moving 0.02% to 6.45, while EUR/DKK showed a 0.03% change to 7.47. The US Dollar Index Futures was quoted down 0.17% at 99.68.
The closing session left a mixed profile across individual large-cap names despite the index-level advance. Consumer Goods, Chemicals and Financials were the sectors cited as driving the market higher, while sizeable declines in select heavyweight names produced contrasting results within the OMX Copenhagen 20.