Stocks on the Copenhagen exchange ended the trading day in negative territory on Monday, with pressure coming from several major sectors. At the close, the OMX Copenhagen 20 was down 1.75%.
Top and bottom movers
On a stock-by-stock basis, Pandora A/S (CSE:PNDORA) was the session's top gainer on the OMXC20, advancing 4.73% - a 27.40-point increase - to finish at 606.60. Genmab (CSE:GMAB) also posted a gain, rising 1.74% or 27.50 points to close at 1,611.00. Carlsberg A/S B (CSE:CARLb) added 1.03%, an 8.40-point uptick, to end the day at 825.40.
At the other end of the leaderboard, Zealand Pharma A/S (CSE:ZELA) recorded the largest drop, sliding 22.68% or 74.00 points to settle at 252.30. Novo Nordisk A/S Class B (CSE:NOVOb) declined 4.17%, losing 11.90 points to close at 272.00. FLSmidth & Co. (CSE:FLS) fell 3.39%, a 18.00-point decrease, to finish at 512.50.
Market breadth and participation
Decliners outnumbered advancers across the Copenhagen Stock Exchange by 91 to 33, while 12 stocks finished unchanged.
Commodities and FX movements
In commodities trading, crude oil for July delivery rose 1.38% or 1.25 to trade at $91.79 a barrel. Brent oil for August delivery climbed 1.77% or 1.65 to $94.74 a barrel. The August Gold Futures contract fell 0.22% or 9.71 to trade at $4,355.59 a troy ounce.
On the foreign exchange front, USD/DKK moved lower by 0.14% to 6.48, while EUR/DKK was effectively unchanged, up 0.05% to 7.47. The US Dollar Index Futures (DX) was down 0.11% at 99.94.
Session snapshot
- OMX Copenhagen 20 -1.75%
- PNDORA +4.73% to 606.60
- GMAB +1.74% to 1,611.00
- CARLb +1.03% to 825.40
- ZELA -22.68% to 252.30
- NOVOb -4.17% to 272.00
- FLS -3.39% to 512.50
- Crude (CL) +1.38% to $91.79
- Brent (LCO) +1.77% to $94.74
- Gold (GC) -0.22% to $4,355.59
- US Dollar Index Futures (DX) -0.11% to 99.94
This update reflects closing prices and intraday moves for the listed securities, commodities and FX pairs during the session. Market participants monitored these price changes as the session concluded in Copenhagen.