Norway stocks lower at close of trade; Oslo OBX down 0.38%

  • December 20, 2024

Investing.com – Norway stocks were lower after the close on Friday, as losses in the Media , Transport and Diversified Financials sectors led shares lower.

At the close in Oslo, the Oslo OBX fell 0.38% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Tomra Systems ASA (OL: TOM ), which rose 6.20% or 8.80 points to trade at 150.80 at the close. Meanwhile, Hoegh Autoliners ASA (OL: HAUTO ) added 0.96% or 1.00 points to end at 105.70 and Gjensidige Forsikring ASA (OL: GJFG ) was up 0.40% or 0.80 points to 201.00 in late trade.

The worst performers of the session were Borr Drilling Ltd (OL: BORR ), which fell 6.12% or 2.58 points to trade at 39.58 at the close. Kongsberg Gruppen ASA (OL: KOG ) declined 1.86% or 24.00 points to end at 1,269.00 and Nordic Semiconductor ASA (OL: NOD ) was down 1.85% or 1.84 points to 97.56.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 148 to 120 and 36 ended unchanged.

Crude oil for January delivery was down 2.07% or 1.46 to $69.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.37% or 0.27 to hit $72.61 a barrel, while the February Gold Futures contract rose 1.71% or 44.64 to trade at $2,652.74 a troy ounce.

EUR/NOK was unchanged 0.01% to 11.84, while USD/NOK fell 0.34% to 11.39.

The US Dollar Index Futures was down 0.36% at 107.76.