Denmark Stocks Decline at Market Close; OMX Copenhagen 20 Falls 3.85%

Denmark Stock Market Overview

On Friday, Denmark’s stock market closed lower, primarily impacted by declines in various sectors. The Copenhagen index fell by 3.85%, marking a new one-month low.

Among the session’s top performers was Oersted AS, which saw an increase of 1.68%, equating to 7.20 points, ending the day at 435.00. Novozymes A/S B also performed well, rising by 1.50% or 6.80 points to finish at 459.40, while Tryg A/S added 0.32% or 0.50 points, closing at 157.10.

Conversely, notable declines were observed in the market. Novo Nordisk A/S Class B dropped by 5.37% or 48.20 points to settle at 850.00. Demant A/S saw a 4.35% decline, losing 12.20 points to reach a closing price of 268.00, and Zealand Pharma A/S fell by 3.10% or 28.50 points to 889.50.

In terms of trading activity, declining stocks outnumbered advancing ones on the Copenhagen Stock Exchange, with 90 stocks falling compared to 44 that rose, while 15 remained unchanged.

In commodities, crude oil for November delivery decreased by 0.14%, reaching $71.06 per barrel. Additionally, Brent oil for November saw a drop of 0.27%, settling at $74.68 per barrel. However, December Gold futures rose by 0.84%, trading at $2,636.50 per troy ounce.

On the currency front, USD/DKK increased by 0.21% to 6.70, while EUR/DKK showed minimal movement, remaining unchanged at 7.46. Furthermore, the US Dollar Index futures rose by 0.40%, reaching 100.72.