Nordic Stocks Decrease; Alvotech Takes Biggest Hit

Dow Jones05-16

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

Stocks in the Nordic region fell Friday, with the OMX Nordic 40 Index declining 0.4%.

Alvotech posted the largest decline among large stocks during the session, dropping 9.1%, followed by Verisure PLC shares, which dropped 8.3%. Shares of Zealand Pharma A/S dropped 7.6%.

NKT A/S was the biggest leader, adding 7.3%, and Roko AB Cl B increased 6.6%. Siminn hf. rounded out the top three leaders on Friday, with shares adding 4.3%.

In Denmark, the Copenhagen Stock Exchange was closed, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, dropped 0.3%.

Stocks on Sweden's OMX Stockholm 30 Index dropped 0.4%, while Norway's Oslo Exchange Benchmark Index_GI gained 1.6%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index falling 0.8%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index dropping 1.5% and the FTSE 100 Index dropping 1.7% from the previous close.

In commodities news, Brent crude oil futures were up 3.7%, while gold futures were down 3.1%. Bitcoin was down 2.8% to $79,157.

On the currency front, the WSJ Dollar Index rose 0.4% to 95.89.

Against the euro, the U.S. dollar was up 0.4%, the Icelandic krona was flat, the Danish krone was flat, the Swedish krona was down 0.5%, and the Norwegian krone was down 0.8%.

Against the U.S. dollar, the euro was down 0.4%, the Icelandic krona was down 0.8%, the Danish krone was down 0.8%, the Swedish krona was down 1.3%, and the Norwegian krone was down 1.6%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 15, 2026 12:06 ET (16:06 GMT)

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