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

investing.com 20/12/2024 - 15:55 PM

Norway Stock Market Update

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.

Best Performers

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

Worst Performers

The worst performers of the session were:
Borr Drilling Ltd (OL:BORR): fell 6.12% or 2.58 points to trade at 39.58.
Kongsberg Gruppen ASA (OL:KOG): declined 1.86% or 24.00 points to end at 1,269.00.
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.

Commodities Update

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

Currency Update

  • EUR/NOK was unchanged at 11.84.
  • USD/NOK fell 0.34% to 11.39.

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




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