Denmark shares lower at close of trade; OMX Copenhagen 20 down 0.45%

Source Investing

Investing.com – Denmark equities were lower at the close on Thursday, as losses in the Personal&Household Goods, Financials and Technology sectors propelled shares lower.

At the close in Copenhagen, the OMX Copenhagen 20 declined 0.45% to hit a new 6-month low.

The biggest gainers of the session on the OMX Copenhagen 20 were Oersted AS (CSE:ORSTED), which rose 0.49% or 2.10 points to trade at 429.00 at the close. Carlsberg A/S B (CSE:CARLb) added 0.22% or 1.80 points to end at 809.60 and Demant A/S (CSE:DEMANT) was unchanged 0.00% or 0.00 points to 259.00 in late trade.

Biggest losers included AP Moeller - Maersk A/S B (CSE:MAERSKb), which lost 3.61% or 385.00 points to trade at 10,270.00 in late trade. Zealand Pharma A/S (CSE:ZELA) declined 3.37% or 27.50 points to end at 788.00 and AP Moeller - Maersk A/S A (CSE:MAERSKa) shed 3.20% or 330.00 points to 9,970.00.

Declining stocks outnumbered rising ones by 81 to 42 and 26 ended unchanged on the Copenhagen Stock Exchange.

In commodities trading, Crude oil for November delivery was up 3.98% or 2.79 to $72.89 a barrel. Meanwhile, Brent oil for delivery in December rose 3.73% or 2.76 to hit $76.66 a barrel, while the December Gold Futures contract rose 0.12% or 3.10 to trade at $2,672.80 a troy ounce.

USD/DKK was up 0.31% to 6.77, while EUR/DKK unchanged 0.01% to 7.46.

The US Dollar Index Futures was up 0.38% at 101.81.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
US Sept. PCE Preview: Inflation May Heat Up Again, How Will US Stocks, the Dollar, and Gold React?This Thursday (October 29), the US will release the September Personal Consumption Expenditures (PCE) price index. However, since the PCE report will be released after the Federal Reserve
Author  TradingKey
7 hours ago
This Thursday (October 29), the US will release the September Personal Consumption Expenditures (PCE) price index. However, since the PCE report will be released after the Federal Reserve
placeholder
Brent's $115 front month sits $4.6 above January — the $14 spread to WTI is the supply-risk premiumDecember Brent trades at $115.29 while January is $110.71, a $4.58 backwardation. The December Brent-WTI spread is $14.2, versus a $3-5 normal. That gap, not the headline, is where the Middle East supply risk is priced. Here is what the curve says, why the December contract's expiry on October 30 will mechanically cut the headline by $4.6, and the 108.81 neckline that decides the next move.
Author  Irene Q.
11 hours ago
December Brent trades at $115.29 while January is $110.71, a $4.58 backwardation. The December Brent-WTI spread is $14.2, versus a $3-5 normal. That gap, not the headline, is where the Middle East supply risk is priced. Here is what the curve says, why the December contract's expiry on October 30 will mechanically cut the headline by $4.6, and the 108.81 neckline that decides the next move.
placeholder
Bitcoin is back above $80,000 — but 75% of the bounce was shorts, not buyersBitcoin trades at $80,669, back above the $80,000 line after touching $79,145 on October 24. But 75.4% of the last 24 hours of futures liquidations were shorts, CME open interest fell 36,545 BTC in October, and spot ETFs lost $773.5 million on October 22-23. Price is up; positioning is down. Here is why the bounce is a squeeze, and the four things that would make it real.
Author  Suzie
11 hours ago
Bitcoin trades at $80,669, back above the $80,000 line after touching $79,145 on October 24. But 75.4% of the last 24 hours of futures liquidations were shorts, CME open interest fell 36,545 BTC in October, and spot ETFs lost $773.5 million on October 22-23. Price is up; positioning is down. Here is why the bounce is a squeeze, and the four things that would make it real.
placeholder
Gold rises above $4,050 ahead of Fed rate decisionGold price (XAU/USD) jumps to around $4,065 during the early Asian session on Wednesday, bolstered by lower oil prices. Traders await the Federal Reserve's (Fed) policy meeting later on Wednesday for signals on ‌the future path of US interest rates.
Author  FXStreet
16 hours ago
Gold price (XAU/USD) jumps to around $4,065 during the early Asian session on Wednesday, bolstered by lower oil prices. Traders await the Federal Reserve's (Fed) policy meeting later on Wednesday for signals on ‌the future path of US interest rates.
placeholder
Fed October Rate Decision Preview: Rate Hike Pause Has Become Consensus, How Will US Stocks, Dollar, and Gold React?The Federal Reserve will announce its October interest rate decision at 14:00 Eastern Time on October 28, and Fed Chair Warsh will hold a press conference at 14:30. Markets currently wide
Author  TradingKey
Yesterday 10: 21
The Federal Reserve will announce its October interest rate decision at 14:00 Eastern Time on October 28, and Fed Chair Warsh will hold a press conference at 14:30. Markets currently wide
goTop
quote