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Norway stocks lower at close of trade; Oslo OBX down 0.70%

Published 07/25/2024, 10:55 AM
Updated 07/25/2024, 11:00 AM
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 0.70%
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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 declined 0.70%.

The best performers of the session on the Oslo OBX were Tomra Systems ASA (OL:TOM), which rose 3.80% or 6.30 points to trade at 172.10 at the close. Meanwhile, Subsea 7 SA (OL:SUBC) added 3.07% or 6.40 points to end at 215.20 and Nel ASA (OL:NEL) was up 2.20% or 0.13 points to 5.95 in late trade.

The worst performers of the session were Nordic Semiconductor ASA (OL:NOD), which fell 5.92% or 8.50 points to trade at 135.10 at the close. Kongsberg Gruppen ASA (OL:KOG) declined 4.11% or 45.00 points to end at 1,051.00 and Hafnia Ltd (OL:HAFNI) was down 3.06% or 2.65 points to 84.00.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 193 to 86 and 31 ended unchanged.

Shares in Tomra Systems ASA (OL:TOM) rose to 52-week highs; rising 3.80% or 6.30 to 172.10. Shares in Subsea 7 SA (OL:SUBC) rose to all time highs; up 3.07% or 6.40 to 215.20.

Crude oil for September delivery was down 0.22% or 0.17 to $77.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.56% or 0.46 to hit $81.25 a barrel, while the August Gold Futures contract fell 2.06% or 49.75 to trade at $2,365.95 a troy ounce.

EUR/NOK was up 0.14% to 11.97, while USD/NOK unchanged 0.02% to 11.03.

The US Dollar Index Futures was down 0.10% at 104.02.

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