Denmark's stock market ended Thursday with gains as sector-level strength in Consumer Goods, Personal & Household Goods and Chemicals propelled the main index higher.
The OMX Copenhagen 20 increased 1.11% by the close, registering a new three-month high for the benchmark.
Leading the session were several consumer and industrial names. Demant A/S (CSE:DEMANT) was the best performer on the OMX Copenhagen 20, climbing 3.14% - a rise of 8.20 points - to finish at 269.60. Pandora A/S (CSE:PNDORA) added 2.96%, gaining 20.40 points to close at 709.00. AP Moeller - Maersk A/S B (CSE:MAERSKb) also featured among the day’s top movers, rising 2.86% or 460.00 points to end trading at 16,520.00.
On the downside, a smaller group of names lagged. NKT Holding (CSE:NKT) fell 1.41%, slipping 14.00 points to 975.50 at the close. Novozymes AS (CSE:NSISb) declined 1.23%, down 5.10 points to finish at 408.90. Vestas Wind Systems A/S (CSE:VWS) registered a modest loss, retreating 0.41% or 0.70 points to 170.20.
Market breadth favored advances: 71 stocks rose against 42 that declined on the Copenhagen exchange, while 20 issues finished unchanged.
Commodities and currency moves accompanied the equities session. U.S. crude for August delivery climbed 1.51%, gaining $1.06 to $71.40 per barrel. Brent crude for September delivery rose 1.27%, an increase of $0.94 to $74.81 per barrel. In metals, the August Gold Futures contract increased 0.84% or $33.85 to trade at $4,042.65 a troy ounce.
In FX, USD/DKK weakened by 0.26% to 6.56, while EUR/DKK was essentially unchanged, moving 0.01% to 7.47. The US Dollar Index Futures edged lower, down 0.29% at 101.10 by the close.
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