The largest Danish stocks have been hit hard in recent days and weeks in connection with the introduction of tariffs on goods imported into the United States. But on Tuesday, things brightened for the Danish C25 stock index, which includes the 25 largest and most traded companies on the Copenhagen Stock Exchange.
The stock index opens the trading day in the green with a preliminary increase of 0.4 percent. 20 of the 25 companies' share prices are up for the day from the morning. Vestas and Bavarian Nordic lead the field with increases of around two percent - while Pandora, on the other hand, is down three percent.
The C25 index thus follows in the wake of Japanese stocks, which closed Tuesday morning Danish time with a total increase of 6.0 percent.
The increase comes, among other things, after Japan's Prime Minister, Shigeru Ishiba, announced that they will work to reduce US tariffs on Japanese goods.
The Hang Seng index in Hong Kong also appears to be turning around after the massive falls of recent days. The index is up 1.8 percent on Monday morning compared to Monday's closing level.
jel /ritzau/
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