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

Published 07/24/2024, 10:55 AM
Updated 07/24/2024, 11:00 AM
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 0.38%
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Investing.com – Norway stocks were lower after the close on Wednesday, as losses in the Media, Transport and Diversified Financials sectors led shares lower.

At the close in Oslo, the Oslo OBX fell 0.38%.

The best performers of the session on the Oslo OBX were Borr Drilling Ltd (OL:BORR), which rose 1.03% or 0.75 points to trade at 73.65 at the close. Meanwhile, Aker BP ASA (OL:AKRBP) added 0.93% or 2.40 points to end at 261.60 and Telenor ASA (OL:TEL) was up 0.39% or 0.50 points to 128.50 in late trade.

The worst performers of the session were Golden Ocean Group Ltd (OL:GOGL), which fell 1.99% or 2.90 points to trade at 142.95 at the close. Frontline Ltd (OL:FRO) declined 1.48% or 4.10 points to end at 272.80 and Kongsberg Gruppen ASA (OL:KOG) was down 1.26% or 14.00 points to 1,096.00.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 155 to 126 and 33 ended unchanged.

Crude oil for September delivery was up 0.30% or 0.23 to $77.19 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.14% or 0.11 to hit $81.12 a barrel, while the August Gold Futures contract rose 1.00% or 24.15 to trade at $2,431.45 a troy ounce.

EUR/NOK was unchanged 0.01% to 11.96, while USD/NOK rose 0.11% to 11.02.

The US Dollar Index Futures was down 0.25% at 103.92.

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