Nordic Stocks Drop; Alvotech Falls Furthest

Dow Jones12-04

This article was automatically generated by Dow Jones using technology from Automated Insights.

Nordic stocks declined Wednesday, with the OMX Nordic 40 Index declining 0.2%.

Alvotech posted the largest decline among large stocks during the session, declining 8.2%, followed by Kaldvik A/S shares, which fell 8.0%. Shares of Icelandic Salmon A/S declined 5.2%.

BW LPG Ltd. was the biggest leader, increasing 6.3%, and International Petroleum Corp. increased 4.9%. Stora Enso Oyj Series A (SEK) rounded out the top three leaders on Wednesday, with shares increasing 4.5%.

In Denmark, the OMX Copenhagen 20 Index fell 0.7%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, rose 0.5%.

Stocks on Sweden's OMX Stockholm 30 Index fell 0.1%, while Norway's Oslo Exchange Benchmark Index_GI increased 0.7%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index falling 0.3%.

Elsewhere in Europe, indexes were mixed, with the STOXX Europe 600 Index adding 0.1% and the FTSE 100 Index declining 0.1% from the previous close.

In commodities news, Brent crude oil futures were up 0.5%, and gold futures were up 0.3%. Bitcoin rose 1.4% to $92,382.

On the currency front, the WSJ Dollar Index declined 0.4% to 96.44.

Against the euro, the Norwegian krone was up 0.4%, the Swedish krona was up 0.3%, the Danish krone was flat, the Icelandic krona was down 0.3%, and the U.S. dollar was down 0.3%.

Against the U.S. dollar, the Norwegian krone was up 0.7%, the Swedish krona was up 0.6%, the euro was up 0.3%, the Danish krone was up 0.3%, and the Icelandic krona was flat.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 03, 2025 12:06 ET (17:06 GMT)

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