Denmark Stocks Decline at Market Close; OMX Copenhagen 20 Drops 2.77%

Denmark’s stock market closed lower on Friday, with key sectors experiencing losses that contributed to a decline in share prices.

At the end of trading in Copenhagen, the index fell 2.77%, marking a new six-month low.

Among the day’s top performers were Carlsberg A/S B, which saw an increase of 3.49% or 27.60 points, closing at 818.80. Demant A/S rose by 1.60% or 4.20 points to finish at 266.60, while Coloplast A/S gained 1.55% or 13.40 points, closing at 879.60.

Conversely, the hardest hit stocks included Novo Nordisk A/S Class B, which dropped 4.59% or 38.30 points to settle at 796.50. NKT Holding saw a decline of 2.70% or 17.50 points, ending at 630.00, and Zealand Pharma A/S fell by 1.63% or 13.50 points to close at 817.00.

On the Copenhagen Stock Exchange, decliners outnumbered gainers by a margin of 70 to 59, with 18 stocks remaining unchanged.

In the commodities market, crude oil for November delivery rose 0.16% to $67.78 per barrel. Brent oil for December delivery increased by 0.11% to $71.17 per barrel, while December gold futures declined by 0.68% to $2,676.55 per troy ounce.

In currency trading, the USD/DKK pair saw an uptick of 0.10% to 6.68, while EUR/DKK remained unchanged at 7.46. The US Dollar Index Futures dropped 0.08%, reaching 100.17.