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Home Investing in Stocks Denmark Stocks Finish Higher as OMX Copenhagen 20 Rises by 1.15%

Denmark Stocks Finish Higher as OMX Copenhagen 20 Rises by 1.15%

by sun

Denmark’s stock market closed with gains on Friday, with the OMX Copenhagen 20 index rising by 1.15%. The positive performance was primarily driven by increases in the Personal & Household Goods, Consumer Goods, and Healthcare sectors, which bolstered overall market sentiment.

At the closing bell in Copenhagen, the OMX Copenhagen 20 index recorded a 1.15% increase.

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Among the standout performers on the OMX Copenhagen 20 index were:

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Pandora A/S (CSE:PNDORA), which experienced a robust increase of 3.49% or 27.60 points, closing at 819.40.
Jyske Bank A/S (CSE:JYSK), which saw a gain of 1.82% or 9.10 points, concluding at 508.80.
AP Moeller – Maersk A/S B (CSE:MAERSKb), with a notable rise of 1.66% or 215.00 points, finishing at 13,200.00 in late trading.

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Conversely, the session witnessed some underperforming stocks, including:

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Carlsberg A/S B (CSE:CARLb), which experienced a decline of 2.73% or 25.20 points, closing at 897.80.
Royal Unibrew A/S (CSE:RBREW), which declined by 2.59% or 13.80 points, ending at 518.00.
Orsted A/S (CSE:ORSTED), which fell by 1.83% or 6.20 points, concluding at 332.80.
In terms of market breadth, rising stocks slightly outnumbered declining ones on the Copenhagen Stock Exchange, with 74 stocks in the green, 68 in the red, and 22 remaining unchanged.

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Pandora A/S (CSE:PNDORA) achieved a noteworthy milestone, reaching a 52-week high with a 3.49% gain, closing at 819.40. On the other hand, Orsted A/S (CSE:ORSTED) faced a challenging session, touching a 5-year low with a 1.83% decline, closing at 332.80.

In commodities trading, crude oil for November delivery showed marginal movement, slipping 0.04% or 0.03 to settle at $82.28 per barrel. In contrast, Brent oil for December delivery increased by 0.12% or 0.10 to reach $84.17 per barrel. Additionally, the December Gold Futures contract rose by 0.79% or 14.55 to trade at $1,846.35 per troy ounce.

The currency markets observed the following movements:

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USD/DKK declined by 0.38% to 7.04.
EUR/DKK remained largely unchanged, edging up by a mere 0.01% to 7.46.
Meanwhile, the US Dollar Index Futures dipped by 0.25%, settling at 105.80.

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