Investing.com – Norway Stocks Overview

Norway stocks experienced a slight increase after the market closed on Thursday, buoyed by gains in the Healthcare Equipment & Services, Pharma Biotech & Life Sciences, and Utilities sectors.

At the close in Oslo, the Oslo OBX index rose by 0.02%.

Top Performers

The leading stocks for the session on the Oslo OBX included:
– Norwegian Air Shuttle ASA (OL:NAS): +5.58% (0.62 points) to close at 11.65.
– SalMar ASA (OL:SALM): +1.37% (8.00 points) to end at 591.50.
– Nel ASA (OL:NEL): +1.19% (0.04 points) to trade at 3.06.

Worst Performers

The underperformers for the session were:
– Borr Drilling Ltd (OL:BORR): -6.17% (2.46 points) to close at 37.42.
– Frontline Ltd (OL:FRO): -2.22% (4.00 points) to end at 176.40.
– Var Energi ASA (OL:VAR): -1.08% (0.39 points) to finish at 35.80.

Market Activity

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange, with 140 declines compared to 132 gains, and 32 stocks ending unchanged.

Notably, shares in Borr Drilling Ltd (OL:BORR) fell to 52-week lows, down 6.17%.

Commodity Prices

In commodities, crude oil for January delivery increased by 0.45% to $68.85 a barrel. Furthermore, Brent oil for February delivery rose 0.46% to $72.64 a barrel, while the February Gold Futures contract dropped by 0.46% to $2,663.84 a troy ounce.

Currency Exchange Rates

The EUR/NOK exchange rate was up 0.53% to 11.68, while the USD/NOK remained relatively stable, changing only by 0.02% to 11.05.

The US Dollar Index Futures declined by 0.43%, settling at 105.83.