Norway stocks lower at close of trade; Oslo OBX down 0.35%

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

At the close in Oslo, the Oslo OBX fell 0.35%.

The best performers of the session on the Oslo OBX were Nel ASA (OL:NEL ), which rose 3.66% or 0.11 points to trade at 3.03 at the close. Meanwhile, Borr Drilling Ltd (OL:BORR ) added 1.40% or 0.58 points to end at 42.00 and Hafnia Ltd (OL:HAFNI ) was up 1.11% or 0.70 points to 63.70 in late trade.

The worst performers of the session were Frontline Ltd (OL:FRO ), which fell 2.51% or 4.65 points to trade at 180.90 at the close. Subsea 7 SA (OL:SUBC ) declined 1.69% or 3.00 points to end at 174.30 and Tomra Systems ASA (OL:TOM ) was down 1.52% or 2.40 points to 155.60.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 140 to 134 and 29 ended unchanged.

Shares in Frontline Ltd (OL:FRO ) fell to 52-week lows; falling 2.51% or 4.65 to 180.90.

Crude oil for January delivery was up 1.11% or 0.76 to $69.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.48% or 0.35 to hit $73.13 a barrel, while the February Gold Futures contract rose 0.70% or 18.74 to trade at $2,683.54 a troy ounce.

EUR/NOK was up 0.15% to 11.68, while USD/NOK rose 0.07% to 11.06.

The US Dollar Index Futures was down 0.11% at 105.93.

Source: Investing.com