Norway Stock Market Update

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

At the close in Oslo, the Oslo OBX declined 0.65%, reaching a new 1-month low.

Best Performers

The best performers of the session on the Oslo OBX included:
– Kongsberg Gruppen ASA (OL:KOG): rose 2.69% (31.00 points) to trade at 1,185.00 at the close.
– Telenor ASA (OL:TEL): added 2.37% (3.10 points) to end at 133.90.
– Nordic Semiconductor ASA (OL:NOD): up 0.95% (0.95 points) to 100.65 in late trade.

Worst Performers

The worst performers included:
– Norwegian Air Shuttle ASA (OL:NAS): fell 4.64% (0.52 points) to close at 10.69.
– Norsk Hydro ASA (OL:NHY): declined 4.00% (2.72 points) to end at 65.34.
– Hafnia Ltd (OL:HAFNI): down 3.45% (2.05 points) to 57.30.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 157 to 120, with 30 ending unchanged.

Shares in Kongsberg Gruppen ASA (OL:KOG) rose to all-time highs, up 2.69% (31.00) to 1,185.00, while shares in Hafnia Ltd (OL:HAFNI) fell to 52-week lows, down 3.45% (2.05) to 57.30.

Commodities Update

• Crude oil for December delivery was down 0.01% (0.01) to $68.03 a barrel.
• Brent oil for January delivery rose 0.03% (0.02) to $71.85 a barrel.
• December Gold Futures contract fell 0.49% (12.70) to trade at $2,605.00 a troy ounce.

Currency Update

• EUR/NOK was up 0.11% to 11.77.
• USD/NOK rose 0.61% to 11.09.
• The US Dollar Index Futures was up 0.43% at 105.92.