Stocks in Denmark closed lower on Tuesday, with sector pressure in Oil & Gas, Healthcare and Software & Computer Services contributing to an overall downbeat session.
At the close in Copenhagen, the OMX Copenhagen 20 was down 0.06%.
Top performers
- Pandora A/S (CSE:PNDORA) led gains on the index, advancing 3.78% - a 21.00 point rise to finish at 577.20.
- DSV Panalpina A/S (CSE:DSV) added 2.92%, up 44.50 points to close at 1,567.00.
- FLSmidth & Co. (CSE:FLS) rose 1.55%, gaining 8.00 points to end the session at 524.00.
Heaviest decliners
- Carlsberg A/S B (CSE:CARLb) was the weakest on the index, falling 2.10% - down 18.40 points to 859.60 at the close.
- Novozymes AS (CSE:NSISb) slipped 1.96%, a decline of 7.60 points to finish at 380.10.
- Vestas Wind Systems A/S (CSE:VWS) retreated 1.72%, losing 3.40 points to trade at 191.30.
On the Copenhagen Stock Exchange, decliners narrowly outnumbered advancers, with 61 stocks down versus 59 that rose, while 15 issues finished unchanged.
Commodities and currencies
Energy markets moved unevenly during the session. Crude oil for July delivery declined 2.08% - down $2.01 - to $94.59 a barrel. In contrast, Brent oil for August delivery climbed 4.57% - up $4.27 - to $97.69 a barrel. Precious metals also shifted: the August Gold Futures contract fell 0.37% - down $17.08 - to trade at $4,539.32 a troy ounce.
Currency pairs involving the Danish krone recorded modest moves. USD/DKK was up 0.21% to 6.43, while EUR/DKK was essentially flat, moving 0.03% to 7.47. The US Dollar Index Futures slipped 0.04% to 99.15.
This session combined narrow breadth on the exchange with divergent commodity price action and small currency shifts, leaving the OMX Copenhagen 20 marginally lower at the close.