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HomeBusinessNordic Stocks Rose Thursday; H&M Hennes & Mauritz B Climbed Highest

Nordic Stocks Rose Thursday; H&M Hennes & Mauritz B Climbed Highest

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Nordic stocks rose Thursday, with the OMX Nordic 40 Index rising 0.2%.

H&M Hennes & Mauritz AB Series B was the biggest leader during the session, jumping 18.2%, and Hexatronic Group AB increased 9.0%. MIPS AB rounded out the top three leaders on Thursday, with shares rising 5.2%.

Vimian Group AB posted the largest decline, dropping 6.7%, followed by Electrolux Professional AB Series B shares, which declined 5.3%. Shares of Skel Fjarfestingafelag hf. fell 4.2%.

In Denmark, the OMX Copenhagen 20 Index increased 0.1%, while the OMX Helsinki 25 Index, which tracks Finland’s most-traded stocks, dropped 0.3%.

Stocks on Sweden’s OMX Stockholm 30 Index increased 1.0%, and Norway’s Oslo Exchange Benchmark Index_GI rose 1.0%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index dropping 0.9%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index rising 0.1% and the FTSE 100 Index falling 0.4% from the previous close.

Stock indexes in Asia were mixed, with Japan’s NIKKEI 225 Index up 0.1% and China’s Shanghai Composite Index down 0.2%.

In commodities news, Brent crude oil futures were unchanged, while gold futures were down 0.3%. Bitcoin was up 1.4% to $30,521.

On the currency front, the WSJ Dollar Index increased 0.2% to 97.76.

Against the euro, the U.S. dollar was up 0.3%, the Norwegian krone was up 0.1%, the Danish krone was flat, the Swedish krona was down 0.3%, and the Icelandic krona was down 0.3%.

Against the U.S. dollar, the Norwegian krone was down 0.2%, the Danish krone was down 0.3%, the euro was down 0.3%, the Swedish krona was down 0.6%, and the Icelandic krona was down 0.6%.

Source : Morning Star

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