Shares in Denmark finished the trading session lower on Tuesday as sector-level declines in Oil & Gas, Technology and Chemicals drove the benchmark down. The OMX Copenhagen 20 fell 0.54% to close at a new one-month low.
Among individual movers on the OMX Copenhagen 20, Zealand Pharma A/S (CSE:ZELA) was the top performer, advancing 10.54% - an increase of 26.60 points - to finish at 278.90. Novozymes AS (CSE:NSISb) also registered a notable gain, up 4.72% or 17.30 points to close at 383.60. Rockwool AS B (CSE:ROCKb) rose 2.83%, gaining 6.00 points to end the day at 200.00.
On the downside, Vestas Wind Systems A/S (CSE:VWS) led the decliners, slipping 3.38% or 5.90 points to 168.90 at the close. FLSmidth & Co. (CSE:FLS) fell 2.63%, a drop of 13.50 points, to settle at 499.00. DSV Panalpina A/S (CSE:DSV) declined 2.50% or 40.00 points, ending the session at 1,557.00.
Market breadth on the Copenhagen Stock Exchange showed more falling issues than rising ones, with 60 stocks lower versus 55 that closed higher; 19 shares finished unchanged.
Commodities moved lower in tandem with the local market weakness. Crude oil for July delivery fell 3.94% - down $3.60 - to trade at $87.70 a barrel. Brent oil for August delivery dropped 3.46% or $3.26 to $90.99 a barrel. Precious metals also retreated, with the August Gold Futures contract falling 1.35% - a decrease of $59.00 - to trade at $4,304.40 a troy ounce.
Currency markets showed modest movement: USD/DKK eased 0.22% to 6.47, while EUR/DKK was unchanged at 7.47. The US Dollar Index Futures registered a small decline of 0.19%, trading at 99.84.
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