Denmark's equity benchmark ended the trading day in positive territory on Friday, with the OMX Copenhagen 20 advancing 0.18% at the close in Copenhagen. Gains were concentrated in Personal & Household Goods, Consumer Goods and Oil & Gas stocks, which supported the modest overall rise.
Leading the index were Pandora A/S (CSE:PNDORA), which increased 4.95% - up 24.00 points to close at 509.00; Vestas Wind Systems A/S (CSE:VWS), which added 2.00% or 3.80 points to finish at 191.70; and Zealand Pharma A/S (CSE:ZELA), which gained 1.99% or 8.20 points to end the day at 420.10.
On the downside, FLSmidth & Co. (CSE:FLS) registered the largest decline among the major names, falling 2.52% or 14.00 points to close at 541.50. Genmab (CSE:GMAB) slipped 2.18% - down 45.00 points to 2,022.00 - and Coloplast A/S (CSE:COLOb) declined 1.00% or 5.40 points to 536.00 by the close.
Market breadth favored advancing issues: 77 stocks rose compared with 48 that fell on the Copenhagen exchange, while 14 issues finished unchanged.
Commodity markets registered mixed moves that accompanied the equity session. Crude oil for March delivery rose 0.90% or $0.59 to $66.01 a barrel, and Brent oil for April delivery climbed 0.78% or $0.54 to $70.13 a barrel. By contrast, the April Gold Futures contract posted a decline of 6.16% or $329.79 to trade at $5,025.01 a troy ounce.
Foreign exchange and futures benchmarks also moved during the session. USD/DKK was higher by 0.78% at 6.29, while EUR/DKK was essentially flat, rising 0.02% to 7.47. The US Dollar Index Futures closed up 0.63% at 96.75.
Market takeaway
The session closed with modest gains for the OMX Copenhagen 20 as consumer-facing companies and energy-related names supported the advance. Although a handful of large-cap stocks retreated, the number of advancers exceeded decliners, indicating a broadly constructive day on the exchange.