Market close
Shares in Copenhagen ended the trading day higher on Tuesday as sector-strength in Software & Computer Services, Oil & Gas and Consumer Goods supported the broader market. At the close, the OMX Copenhagen 20 rose 0.48%, marking a fresh three-month high for the benchmark.
Top and bottom movers
The session's strongest performers on the OMX Copenhagen 20 included Genmab (CSE:GMAB), which climbed 4.45% — a gain of 76.50 points — to finish at 1,795.00. Vestas Wind Systems A/S (CSE:VWS) added 3.53%, or 6.30 points, ending at 184.60. Zealand Pharma A/S (CSE:ZELA) was up 2.91%, a rise of 8.20 points, to close at 289.60.
At the other end of the index, AP Moeller - Maersk A/S B (CSE:MAERSKb) dropped 2.23%, or 355.00 points, to 15,540.00 by the close. Carlsberg A/S B (CSE:CARLb) declined 2.01%, or 17.60 points, to finish at 856.80. AP Moeller - Maersk A/S A (CSE:MAERSKa) fell 1.95%, a decrease of 300.00 points, to end the day at 15,100.00.
Market breadth and participation
On the Copenhagen Stock Exchange, the count of declining issues was presented as 58 versus 58 advancing, with 20 shares reported unchanged.
Commodities and foreign exchange
In commodities trade, crude oil for August delivery slipped 1.03%, or $0.73, to $70.02 a barrel. Brent oil for September delivery fell 0.47%, or $0.35, to $73.56 a barrel. The August Gold Futures contract rose 0.12%, or $4.70, to trade at $4,043.60 a troy ounce.
Currency pairs showed limited movement: USD/DKK was unchanged, moving 0.01% to 6.54, while EUR/DKK was unchanged, at 7.47 with a 0.04% move. The US Dollar Index Futures was reported up 0.04% at 100.92.
Takeaway
Overall, Danish equities closed higher with select software, renewable energy and pharmaceutical names posting the largest gains, while major industrial and consumer staples names were among the weaker performers. Commodity and FX moves were modest and broadly aligned with the session's equity activity.