Stocks in Denmark closed the trading day in positive territory on Thursday, with sector strength in Healthcare, Consumer Goods and Oil & Gas pushing the market higher.
At the close in Copenhagen the OMX Copenhagen 20 advanced 2.65%.
Top performers
- Novo Nordisk A/S Class B (CSE:NOVOb) led gains on the index, climbing 6.53% or 16.70 points to finish at 272.30.
- NKT Holding (CSE:NKT) added 3.70% or 33.50 points to close at 938.50.
- Carlsberg A/S B (CSE:CARLb) rose 3.13% or 26.20 points to end the session at 862.20.
Lagging names
- DSV Panalpina A/S (CSE:DSV) was among the weakest on the index, slipping 2.62% or 42.00 points to 1,558.50 at the close.
- Pandora A/S (CSE:PNDORA) declined 1.08% or 5.30 points to finish at 483.80.
- Coloplast A/S (CSE:COLOb) fell 1.06% or 4.20 points to 393.90 in late trade.
Market breadth on the Copenhagen exchange tilted toward advancing issues: 73 stocks rose versus 42 that fell, while 21 were unchanged.
Notably, shares of Coloplast A/S (CSE:COLOb) moved to five-year lows, with the stock down 1.06% or 4.20 to 393.90.
Commodities and currencies
Commodity markets moved in parallel with equities. Crude oil for June delivery fell 2.56% or 2.74, settling at $104.14 per barrel. Brent oil for July delivery dropped 0.95% or 1.05 to $109.39 per barrel. On the precious metals front, the June Gold Futures contract rose 1.63% or 74.29 to trade at $4,635.79 a troy ounce.
In currency markets, USD/DKK decreased 0.43% to 6.37. EUR/DKK was essentially flat, changing 0.01% to 7.47. The US Dollar Index Futures moved lower as well, down 0.81% to 98.03.
The session closed with broad participation among winners and losers across major sectors, while commodity and FX moves accompanied the equity performance.