Stocks in Denmark closed lower on Monday as sector-wide weakness in Personal & Household Goods, Healthcare and Chemicals weighed on the market. At the Copenhagen close, the OMX Copenhagen 20 index had declined 1.60%.
The session's top performers on the OMX Copenhagen 20 included AP Moeller - Maersk A/S B (MAERSKb), which climbed 3.73% - a gain of 590.00 points - to finish at 16,400.00. Its A share class, AP Moeller - Maersk A/S A (MAERSKa), rose 3.16% or 490.00 points to close at 16,010.00. Oersted AS (ORSTED) also posted gains, advancing 1.28% or 2.10 points to end the day at 166.25.
On the downside, Rockwool AS B (ROCKb) was the weakest performer on the index, sliding 4.20% or 9.00 points to close at 194.00. Biotech company Genmab (GMAB) declined 3.81% or 65.00 points to finish at 1,639.00. Medical device maker Coloplast A/S (COLOb) fell 3.49% or 13.80 points to 382.00 and was noted to have dropped to 5-year lows.
Market breadth favored decliners: 97 stocks fell on the Copenhagen exchange while 29 advanced and 10 were unchanged.
Commodities trading showed notable moves during the session. Crude oil for July delivery rose 7.37% or 6.44 to $93.80 a barrel. Brent crude for August delivery increased 6.54% or 5.96 to $97.08 a barrel. In contrast, the August Gold Futures contract slipped 2.05% or 94.13 to trade at $4,498.87 a troy ounce.
In currency markets, the USD/DKK exchange rate edged up 0.32% to 6.43. EUR/DKK was effectively unchanged, moving 0.01% to 7.47. The US Dollar Index Futures gained 0.35% to 99.20.
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