Norway stocks lower at close of trade; Oslo OBX down 0.49%

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

At the close in Oslo, the Oslo OBX declined 0.49% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Kongsberg Gruppen ASA (OL:KOG ), which rose 4.14% or 49.00 points to trade at 1,234.00 at the close. Meanwhile, Frontline Ltd (OL:FRO ) added 3.11% or 6.40 points to end at 211.90 and Nel ASA (OL:NEL ) was up 2.32% or 0.08 points to 3.53 in late trade.

The worst performers of the session were Tomra Systems ASA (OL:TOM ), which fell 3.15% or 4.70 points to trade at 144.50 at the close. Storebrand ASA (OL:STB ) declined 2.97% or 3.60 points to end at 117.60 and Nordic Semiconductor ASA (OL:NOD ) was down 2.37% or 2.39 points to 98.26.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 165 to 117 and 21 ended unchanged.

Shares in Kongsberg Gruppen ASA (OL:KOG ) rose to all time highs; rising 4.14% or 49.00 to 1,234.00.

Crude oil for December delivery was down 0.10% or 0.07 to $68.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.14% or 0.10 to hit $71.79 a barrel, while the December Gold Futures contract rose 0.20% or 5.20 to trade at $2,611.50 a troy ounce.

EUR/NOK was up 0.04% to 11.77, while USD/NOK rose 0.54% to 11.11.

The US Dollar Index Futures was up 0.19% at 106.15.

Source: Investing.com