Norway Stock Market Update

Investing.com – Norway stocks were lower after the close on Monday, with the Media, Transport, and Diversified Financials sectors leading the decline.

At the close in Oslo, the Oslo OBX declined by 0.01%.

Best Performers

The best performers of the session on the Oslo OBX included:
– Kongsberg Gruppen ASA (OL:KOG): rose 2.46% (32.00 points) to trade at 1,331.00.
– Tomra Systems ASA (OL:TOM): added 1.74% (2.70 points) to end at 158.30.
– Gjensidige Forsikring ASA (OL:GJFG): up 1.43% (2.80 points) to 199.20 in late trade.

Worst Performers

The worst performers included:
– Norwegian Air Shuttle ASA (OL:NAS): fell 5.20% (0.59 points) to trade at 10.66.
– Hafnia Ltd (OL:HAFNI): declined 3.30% (2.10 points) to end at 61.60.
– Frontline Ltd (OL:FRO): down 2.87% (5.20 points) to 175.70.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 162 to 110, with 24 companies ending unchanged.

Shares in Kongsberg Gruppen ASA reached all-time highs, gaining 2.46% (32.00) to 1,331.00, while shares in Frontline Ltd fell to 52-week lows, declining 2.87% (5.20) to 175.70.

Commodity Updates

Crude oil for January delivery was up 0.65% (0.44) to $68.44 a barrel.
Brent oil for February delivery rose 0.60% (0.43) to hit $72.27 a barrel.
February Gold Futures fell 0.58% (15.54) to trade at $2,665.46 a troy ounce.

Currency Update

• EUR/NOK was unchanged at 0.01% to 11.67.
• USD/NOK rose 1.12% to 11.14.

The US Dollar Index Futures was up 0.79% at 106.66.