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Norway stocks lower at close of trade; Oslo OBX down 1.09%

Published 06/11/2024, 10:55 AM
Updated 06/11/2024, 11:00 AM
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 1.09%
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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 lost 1.09% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Borr Drilling Ltd (OL:BORR), which rose 1.23% or 0.85 points to trade at 69.80 at the close. Meanwhile, Mowi ASA (OL:MOWI) added 0.46% or 0.85 points to end at 185.10 and Aker BP ASA (OL:AKRBP) was up 0.42% or 1.10 points to 260.50 in late trade.

The worst performers of the session were Nel ASA (OL:NEL), which fell 8.13% or 0.58 points to trade at 6.55 at the close. Hafnia Ltd (OL:HAFNI) declined 5.52% or 4.90 points to end at 83.90 and Golden Ocean Group Ltd (OL:GOGL) was down 4.91% or 7.05 points to 136.45.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 202 to 81 and 27 ended unchanged.

Crude oil for July delivery was down 0.39% or 0.30 to $77.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.23% or 0.19 to hit $81.44 a barrel, while the August Gold Futures contract rose 0.20% or 4.75 to trade at $2,331.75 a troy ounce.

EUR/NOK was up 0.44% to 11.51, while USD/NOK rose 0.86% to 10.74.

The US Dollar Index Futures was down 0.05% at 105.06.

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