Norway Stock Market Update

Investing.com – Norway stocks were lower after the close on Wednesday, with losses in the Media, Transport, and Diversified Financials sectors leading to a decline.

At the close in Oslo, the Oslo OBX fell 1.34%, hitting a new 1-month low.

Best Performers

• Mowi ASA (OL:MOWI): +3.98% (+7.60 points) to trade at 198.55.
• Borr Drilling Ltd (OL:BORR): +2.90% (+1.34 points) to end at 47.50.
• Subsea 7 SA (OL:SUBC): +2.60% (+4.40 points) to close at 173.70.

Worst Performers

• Nel ASA (OL:NEL): -10.05% (-0.45 points) to trade at 3.98.
• Tomra Systems ASA (OL:TOM): -5.29% (-8.40 points) to end at 150.50.
• Equinor ASA (OL:EQNR): -4.57% (-11.90 points) to close at 248.50.

Overall, falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 184 to 103, with 17 remaining unchanged.

Notable Stock Movements

• Shares in Nel ASA (OL:NEL) fell to 5-year lows.
• Shares in Equinor ASA (OL:EQNR) declined to 52-week lows.

Commodities Update

• Crude oil for December delivery was up 0.67% to $72.47 a barrel.
• Brent oil for January rose 0.41% to $75.84 a barrel.
• December Gold Futures fell 2.40% to $2,683.70 a troy ounce.

Currency Update

• EUR/NOK: down 0.88% to 11.87.

• USD/NOK: up 1.09% to 11.05.

• The US Dollar Index Futures was up 1.60% at 104.97.