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Denmark stocks lower at close of trade; OMX Copenhagen 20 down 13.21%

Published 12/20/2024, 11:30 AM
Updated 12/20/2024, 11:35 AM
© Reuters.  Denmark stocks lower at close of trade; OMX Copenhagen 20 down 13.21%
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Investing.com – Denmark stocks were lower after the close on Friday, as losses in the Healthcare, Oil & Gas and Financials sectors led shares lower.

At the close in Copenhagen, the OMX Copenhagen 20 fell 13.21% to hit a new 52-week low.

The best performers of the session on the OMX Copenhagen 20 were Demant A/S (CSE:DEMANT), which rose 1.78% or 4.60 points to trade at 263.40 at the close. Meanwhile, Pandora A/S (CSE:PNDORA) added 0.87% or 11.00 points to end at 1,274.50 and Coloplast A/S (CSE:COLOb) was up 0.86% or 6.80 points to 797.20 in late trade.

The worst performers of the session were Novo Nordisk A/S Class B (CSE:NOVOb), which fell 20.72% or 154.00 points to trade at 589.20 at the close. Zealand Pharma A/S (CSE:ZELA) declined 3.77% or 28.50 points to end at 728.00 and Danske Bank A/S (CSE:DANSKE) was down 2.56% or 5.20 points to 195.90.

Falling stocks outnumbered advancing ones on the Copenhagen Stock Exchange by 89 to 48 and 17 ended unchanged.

Shares in Novo Nordisk A/S Class B (CSE:NOVOb) fell to 52-week lows; losing 20.72% or 154.00 to 589.20.

Crude oil for January delivery was down 1.84% or 1.30 to $69.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.19% or 0.14 to hit $72.74 a barrel, while the February Gold Futures contract rose 1.35% or 35.24 to trade at $2,643.34 a troy ounce.

USD/DKK was down 0.53% to 7.16, while EUR/DKK unchanged 0.00% to 7.46.

The US Dollar Index Futures was down 0.52% at 107.58.

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