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Norway stocks lower at close of trade; Oslo OBX down 1.46%

investing.com 26/11/2024 - 15:55 PM

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

At the close in Oslo, the Oslo OBX declined 1.46%.

The best performers of the session on the Oslo OBX were Tomra Systems ASA (OL:TOM), which rose 2.42% or 3.80 points to trade at 160.50 at the close. Meanwhile, Nordic Semiconductor ASA (OL:NOD) added 2.36% or 2.30 points to end at 99.80 and Hoegh Autoliners ASA (OL:HAUTO) was up 1.57% or 2.00 points to 129.60 in late trade.

The worst performers of the session were Subsea 7 SA (OL:SUBC), which fell 4.46% or 8.10 points to trade at 173.50 at the close. Borr Drilling Ltd (OL:BORR) declined 4.35% or 1.88 points to end at 41.38 and SalMar ASA (OL:SALM) was down 4.20% or 25.00 points to 570.00.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 193 to 95 and 20 ended unchanged.

Shares in Borr Drilling Ltd (OL:BORR) fell to 52-week lows; losing 4.35% or 1.88 to 41.38.

Crude oil for January delivery was up 1.28% or 0.88 to $69.82 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.13% or 0.82 to hit $73.30 a barrel, while the February Gold Futures contract rose 0.48% or 12.71 to trade at $2,655.31 a troy ounce.

EUR/NOK was up 0.63% to 11.71, while USD/NOK rose 0.98% to 11.17.

The US Dollar Index Futures was up 0.11% at 106.89.




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