Københavns Fondsbørs falls on Friday

The market showed a negative development Friday, and OMX Copenhagen 25 GI (OMXC25GI) ended the day at 1576 points, which is a decline of 1.35 percent. The week as a whole showed a gain of 0.9%.

51 shares were up and 99 were down, while 11 remained unchanged, and there was no trading in 27 shares.

Total value of the trading volume for shares and primary capital certificates Friday was approximately 17183.5 billion.

OMX Copenhagen Personal & Household Good (CX4020PI) gained 2.84 percent to 2406 kroner. We must go back to Nov 2018 to find a higher close for the stock. This past week the stock has gained as much as 8.29 percent. It also looks good technically. The stock is trend wise positive in the medium term, has support at 2080 kroner and a further increase is indicated.
OMX Copenhagen Industrials PI (CX50PI) closed at 1689 kroner after posting a loss of 1.52 percent. The previous time the stock lost this much was Jun 24, when it closed down 2.05 percent. Technically, however, it looks good. The stock is trend wise positive in the medium term and a further increase is indicated.
OMX Copenhagen Technology PI (CX10PI) fell sharply to close at 7799 kroner, down 2.36 percent. We must go back to Jun 8 to find an equally steep drop. That time the stock lost 2.79 percent. It does, however, look good technically. The stock is trend wise positive in the medium term and a further increase is indicated.
OMX Copenhagen Real Estate PI (CX35PI) closed at 2143 kroner after posting a loss of 3.32 percent. The stock has never lost more in one day since Jun 15, when it was down 3.56 percent. It does, however, look good technically. The stock is trend wise positive in the medium term and a further increase is indicated.
OMX Copenhagen Travel & Leisure PI (CX4050PI) showed a negative development and ended the day at 1264 kroner, which is a decline of 1.76 percent. We must go back to May 4 to find a lower close for the stock. It was also high volume. Overall it was traded for 10728 millions kroner in the stock, which is three times as much as normal daily turnover. Nor technically does it look good. The stock is trend wise negative in the medium term, has broken down through the support at 1300 kroner and a further decline is indicated.

Winners Friday

Erria8.48%
NTR Holding B8.29%
WirTek6.72%
Scandinavian Tobacco Group6.10%
BioPorto5.93%
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK