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

Published 12/20/2024, 10:55 AM
Updated 12/20/2024, 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 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.

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

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

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

EUR/NOK was unchanged 0.01% to 11.84, while USD/NOK fell 0.34% to 11.39.

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

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