The Danish C25 index opens in the red after the Easter holidays. 15 minutes after the stock exchange opens - at 09.15 - the stock index is set to fall by around 2.2 percent. The fall is mainly driven by the Novo Nordisk share, which plunges by 6.9 percent. Due to its high market value, Novo Nordisk makes up a large part of the stock index.
At the very bottom is Ørsted, which falls by a whopping 8.4 percent.
The C25 is composed of the 25 most traded shares on the Copenhagen Stock Exchange measured by turnover. The most valuable companies make up the largest share in the index. The decline in Danish shares on Tuesday morning is due, according to Jacob Pedersen, head of equity research at Sydbank, to reports from Trump.
- The attacks that Donald Trump has subjected the head of the US central bank, Jerome Powell, to over Easter are creating uncertainty, he tells TV 2.
On Monday, the US president criticized Jerome Powell, who is the head of the US Federal Reserve. This created concerns about the central bank's independence and shook investors.
The three leading indices in the US - S&P 500, Nasdaq and Dow Jones - closed on Monday with a decline of between 2.4 and 2.6 percent. European shares also start to fall on Tuesday, writes MarketWire.
jel /ritzau/
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