Stock Markets January 29, 2026

Copenhagen shares slide as tech, healthcare and chemicals lead losses

OMX Copenhagen 20 falls 1.24% at Thursday close amid broad sector weakness and volatile commodities

By Sofia Navarro
Copenhagen shares slide as tech, healthcare and chemicals lead losses

Denmark's benchmark OMX Copenhagen 20 closed lower on Thursday, slipping 1.24% as declines in the Technology, Healthcare and Chemicals sectors weighed on the market. AP Moeller - Maersk's share classes and Coloplast were among the session's gainers, while Novo Nordisk, Oersted and Jyske Bank posted notable declines. Commodity prices moved sharply, with crude and Brent oil rising and gold futures retreating. Currency pairs and the US Dollar Index futures showed minor moves.

Key Points

  • OMX Copenhagen 20 declined 1.24% at Thursday's close, led by losses in Technology, Healthcare and Chemicals.
  • Top session gainers included AP Moeller - Maersk A/S B and A share classes and Coloplast A/S; largest declines were recorded by Novo Nordisk B, Oersted and Jyske Bank.
  • Commodities were volatile: March crude rose to $65.58 per barrel, Brent for April climbed to $69.63, and April gold futures fell to $5,319.24 an ounce; minor FX movement saw USD/DKK at 6.26.

Stocks in Denmark ended Thursday's trading session weaker, with the OMX Copenhagen 20 finishing down 1.24% at the close in Copenhagen. Market losses were concentrated in Technology, Healthcare and Chemicals, which together pressured the benchmark lower.

Among constituents, AP Moeller - Maersk A/S B (CSE:MAERSKb) was the session's top gainer on the index, rising 2.39% - a 365.00-point increase - to finish at 15,640.00. Its A share class, AP Moeller - Maersk A/S A (CSE:MAERSKa), added 2.11% or 320.00 points to close at 15,520.00. Coloplast A/S (CSE:COLOb) also closed higher, up 1.50% or 8.00 points to 541.40 in late trade.

The heaviest declines came from Novo Nordisk A/S Class B (CSE:NOVOb), which fell 2.90% or 11.10 points to close at 370.40. Oersted AS (CSE:ORSTED) dropped 2.80% or 4.10 points to end the day at 142.10, while Jyske Bank A/S (CSE:JYSK) slipped 1.62% or 15.00 points to 910.00.

On the Copenhagen Stock Exchange overall, decliners outnumbered advancers by 84 to 41, with 15 issues finishing unchanged.


Commodity markets registered notable moves during the session. Crude oil for March delivery gained 3.75%, up 2.37 to $65.58 a barrel. Brent oil for April delivery rose 3.35%, or 2.26, to $69.63 a barrel. In contrast, the April Gold Futures contract declined 0.39%, down 20.96 to trade at $5,319.24 a troy ounce.

Currency markets showed modest movement: USD/DKK rose 0.16% to 6.26, while EUR/DKK was effectively unchanged, moving 0.04% to 7.47. The US Dollar Index Futures was down 0.02% at 96.25.


This close paints a picture of broad selling pressure across several sectors while select large-cap names outperformed. The market statistics and price moves in commodities and FX were recorded at the close in Copenhagen.

Risks

  • Sector concentration of losses in Technology, Healthcare and Chemicals may continue to exert downward pressure on the index - impacting companies within those sectors.
  • Elevated oil prices introduce volatility for energy-linked assets and broader market sentiment, given the sharp intraday gains in crude and Brent.
  • Currency fluctuations, evidenced by moves in USD/DKK and EUR/DKK and the slight dip in the US Dollar Index Futures, add uncertainty for exporters and importers listed on the Copenhagen exchange.

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