Norway Stock Market Update

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

At the close in Oslo, the Oslo OBX declined 1.61%.

Best Performers

The best performers of the session on the Oslo OBX were:
– Nel ASA (OL:NEL): rose 1.60% or 0.05 points to trade at 3.11
– Telenor ASA (OL:TEL): added 0.70% or 0.90 points to end at 129.00
– Tomra Systems ASA (OL:TOM): was up 0.65% or 1.00 points to 155.20 in late trade.

Worst Performers

The worst performers of the session included:
– Aker BP ASA (OL:AKRBP): fell 3.90% or 8.90 points to trade at 219.60
– Subsea 7 SA (OL:SUBC): declined 3.73% or 6.70 points to end at 173.10
– Norsk Hydro ASA (OL:NHY): was down 3.70% or 2.58 points to 67.18.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange, with a ratio of 152 to 115 and 33 ending unchanged.

Commodity Market

Crude oil for January delivery was down 1.48% or 1.01 to $67.29 a barrel. In commodities trading:
– Brent oil for February delivery fell 1.30% or 0.94 to hit $71.15 a barrel.
– February Gold Futures contract rose 0.42% or 11.16 to trade at $2,659.56 a troy ounce.

Currency Exchange Rates

• EUR/NOK was up 0.73% to 11.77.
• USD/NOK rose 1.01% to 11.14.
• The US Dollar Index Futures was up 0.23% at 105.94.