A Black Day at the Market Skip to content

A Black Day at the Market

Stock prices generally went down today in Iceland. The Icex-15 index went down by 2.09%, and only two companies went up, Nyherji (computer software, hardware) 2.2% and Grandi (fishing) 1.3%. FL-Group went down by 4.8%, Landsbanki by 4.3% and Dagsbrún (telecommunications and publishing) by 3.2%. Kaupthing Bank went down by 2.2%, and Glitnir Bank by 2.4%.

The Icelandic krona also weakened today by 1.8%. The dollar sold at ISK 76.75, the euro at ISK 94.3, and the British pound at ISK 136.4. The krona has not been so weak since May 2002.

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article

Facebook
Twitter