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Norway stocks lower at close of trade; Oslo OBX down 0.98%

Published 12/16/2024, 10:55 AM
Updated 12/16/2024, 11:00 AM
© Reuters Norway stocks lower at close of trade; Oslo OBX down 0.98%
OBX
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Investing.com – Norway stocks were lower after the close on Monday, as losses in the Media, Transport and Diversified Financials sectors led shares lower.

At the close in Oslo, the Oslo OBX lost 0.98% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Nordic Semiconductor ASA (OL:NOD), which rose 1.71% or 1.70 points to trade at 101.40 at the close. Meanwhile, Borr Drilling Ltd (OL:BORR) added 1.33% or 0.56 points to end at 42.58 and Kongsberg Gruppen ASA (OL:KOG) was up 0.39% or 5.00 points to 1,291.00 in late trade.

The worst performers of the session were Nel ASA (OL:NEL), which fell 3.50% or 0.11 points to trade at 2.93 at the close. Hoegh Autoliners ASA (OL:HAUTO) declined 3.39% or 3.70 points to end at 105.30 and Var Energi ASA (OL:VAR) was down 2.40% or 0.83 points to 33.71.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 189 to 83 and 29 ended unchanged.

Crude oil for January delivery was down 1.11% or 0.79 to $70.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.47% or 0.35 to hit $74.14 a barrel, while the February Gold Futures contract fell 0.12% or 3.11 to trade at $2,672.69 a troy ounce.

EUR/NOK was up 0.37% to 11.72, while USD/NOK rose 0.28% to 11.16.

The US Dollar Index Futures was down 0.12% at 106.56.

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