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Norway stocks lower at close of trade; Oslo OBX down 0.52%

Published 09/25/2024, 10:55 AM
Updated 09/25/2024, 11:00 AM
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 0.52%
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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 lost 0.52%.

The best performers of the session on the Oslo OBX were Hoegh Autoliners ASA (OL:HAUTO), which rose 2.73% or 3.80 points to trade at 142.80 at the close. Meanwhile, Tomra Systems ASA (OL:TOM) added 2.44% or 3.70 points to end at 155.60 and Kongsberg Gruppen ASA (OL:KOG) was up 2.24% or 23.00 points to 1,051.00 in late trade.

The worst performers of the session were Frontline Ltd (OL:FRO), which fell 3.40% or 8.00 points to trade at 227.20 at the close. Subsea 7 SA (OL:SUBC) declined 3.25% or 6.10 points to end at 181.80 and Hafnia Ltd (OL:HAFNI) was down 2.89% or 2.25 points to 75.70.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 157 to 115 and 32 ended unchanged.

Shares in Hoegh Autoliners ASA (OL:HAUTO) rose to all time highs; up 2.73% or 3.80 to 142.80.

Crude oil for November delivery was down 1.27% or 0.91 to $70.65 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.94% or 0.70 to hit $73.77 a barrel, while the December Gold Futures contract rose 0.25% or 6.70 to trade at $2,683.70 a troy ounce.

EUR/NOK was up 0.99% to 11.75, while USD/NOK rose 1.10% to 10.51.

The US Dollar Index Futures was up 0.14% at 100.29.

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