C20 Cap-Index in record jump

All 20 companies on the index increased

Feb 16, 2016

A week after the Danish C20 Cap-Index recorded its largest ever one-day fall, it came roaring back yesterday with a record increase.

Maersk led the way on a day when all 20 companies on the index rose, eventually closing up 5.1 percent for the day – the largest one-day jump since the new index opened in 2011.

“Last week was very volatile, but we saw a turning point in the USA last Friday, where we saw better than expected retail sales,” Mikkel Duus-Hansen, an analyst at Spar Nord bank, told DR Nyheder.

“It gives us hope that the US economy isn’t doing that badly now and that there is momentum in private consumption.”

China and oil
Duus-Hansen went on to contend that the historic rise was also helped along by good news in China and a little more optimism in the oil industry.

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C20 Cap-Index in record jump

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

CrowdStrike director: IT outage issue “has been identifed”

Foreign labour contributes DKK 76 billion to Danish economy in three months

26 May: ‘Visit Carlsberg’ tour at Home of Carlsberg

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How internationals can benefit from joining trade unions

Internationals in Denmark rarely join a trade union

Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

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