👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Norway stocks lower at close of trade; Oslo OBX down 0.65%

Published 11/12/2024, 10:55 AM
Updated 11/12/2024, 11:00 AM
© Reuters Norway stocks lower at close of trade; Oslo OBX down 0.65%
NHY
-
NAS
-
OBX
-

Investing.com – Norway stocks were lower after the close on Tuesday, as losses in the Media, Transport and Diversified Financials sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 0.65% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Kongsberg Gruppen ASA (OL:KOG), which rose 2.69% or 31.00 points to trade at 1,185.00 at the close. Meanwhile, Telenor ASA (OL:TEL) added 2.37% or 3.10 points to end at 133.90 and Nordic Semiconductor ASA (OL:NOD) was up 0.95% or 0.95 points to 100.65 in late trade.

The worst performers of the session were Norwegian Air Shuttle ASA (OL:NAS), which fell 4.64% or 0.52 points to trade at 10.69 at the close. Norsk Hydro ASA (OL:NHY) declined 4.00% or 2.72 points to end at 65.34 and Hafnia Ltd (OL:HAFNI) was down 3.45% or 2.05 points to 57.30.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 157 to 120 and 30 ended unchanged.

Shares in Kongsberg Gruppen ASA (OL:KOG) rose to all time highs; up 2.69% or 31.00 to 1,185.00. Shares in Hafnia Ltd (OL:HAFNI) fell to 52-week lows; falling 3.45% or 2.05 to 57.30.

Crude oil for December delivery was down 0.01% or 0.01 to $68.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.03% or 0.02 to hit $71.85 a barrel, while the December Gold Futures contract fell 0.49% or 12.70 to trade at $2,605.00 a troy ounce.

EUR/NOK was up 0.11% to 11.77, while USD/NOK rose 0.61% to 11.09.

The US Dollar Index Futures was up 0.43% at 105.92.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.