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Norway stocks lower at close of trade; Oslo OBX down 0.06%

Published 12/12/2024, 10:55 AM
Updated 12/12/2024, 11:00 AM
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 0.06%
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Investing.com – Norway stocks were lower after the close on Thursday, as losses in the Media, Transport and Diversified Financials sectors led shares lower.

At the close in Oslo, the Oslo OBX fell 0.06%.

The best performers of the session on the Oslo OBX were Subsea 7 SA (OL:SUBC), which rose 2.85% or 4.90 points to trade at 177.00 at the close. Meanwhile, TGS NOPEC Geophysical Company ASA (OL:TGS) added 2.78% or 3.10 points to end at 114.50 and SalMar ASA (OL:SALM) was up 2.29% or 13.50 points to 602.00 in late trade.

The worst performers of the session were Hoegh Autoliners ASA (OL:HAUTO), which fell 5.14% or 5.70 points to trade at 105.30 at the close. Borr Drilling Ltd (OL:BORR) declined 3.98% or 1.70 points to end at 41.06 and Frontline Ltd (OL:FRO) was down 3.44% or 5.55 points to 155.80.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 149 to 120 and 30 ended unchanged.

Shares in Frontline Ltd (OL:FRO) fell to 52-week lows; down 3.44% or 5.55 to 155.80.

Crude oil for January delivery was down 1.37% or 0.96 to $69.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.20% or 0.88 to hit $72.64 a barrel, while the February Gold Futures contract fell 2.03% or 56.01 to trade at $2,700.69 a troy ounce.

EUR/NOK was down 0.22% to 11.67, while USD/NOK unchanged 0.01% to 11.15.

The US Dollar Index Futures was up 0.18% at 106.58.

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