Norway stocks lower at close of trade; Oslo OBX down 0.45%

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 0.45% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Orkla ASA (OL:ORK ), which rose 1.29% or 1.30 points to trade at 101.70 at the close. Meanwhile, Norwegian Air Shuttle ASA (OL:NAS ) added 1.26% or 0.14 points to end at 10.87 and Hoegh Autoliners ASA (OL:HAUTO ) was up 1.22% or 1.40 points to 116.40 in late trade.

The worst performers of the session were Borr Drilling Ltd (OL:BORR ), which fell 35.13% or 22.94 points to trade at 42.36 at the close. Norsk Hydro ASA (OL:NHY ) declined 3.43% or 2.46 points to end at 69.34 and Tomra Systems ASA (OL:TOM ) was down 3.31% or 5.20 points to 151.80.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 177 to 104 and 25 ended unchanged.

Shares in Borr Drilling Ltd (OL:BORR ) fell to 52-week lows; losing 35.13% or 22.94 to 42.36.

Crude oil for December delivery was down 2.87% or 2.08 to $70.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 2.55% or 1.93 to hit $73.70 a barrel, while the December Gold Futures contract fell 0.42% or 11.25 to trade at $2,694.55 a troy ounce.

EUR/NOK was up 0.71% to 11.82, while USD/NOK rose 1.29% to 11.00.

The US Dollar Index Futures was up 0.24% at 104.62.

Source: Investing.com