Norway stocks lower at close of trade; Oslo OBX down 0.65%

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 declined 0.65% 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 2.69% or 31.00 points to trade at 1,185.00 at the close. Meanwhile, Telenor ASA (OL:TEL ) added 2.37% or 3.10 points to end at 133.90 and Nordic Semiconductor ASA (OL:NOD ) was up 0.95% or 0.95 points to 100.65 in late trade.

The worst performers of the session were Norwegian Air Shuttle ASA (OL:NAS ), which fell 4.64% or 0.52 points to trade at 10.69 at the close. Norsk Hydro ASA (OL:NHY ) declined 4.00% or 2.72 points to end at 65.34 and Hafnia Ltd (OL:HAFNI ) was down 3.45% or 2.05 points to 57.30.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 157 to 120 and 30 ended unchanged.

Shares in Kongsberg Gruppen ASA (OL:KOG ) rose to all time highs; up 2.69% or 31.00 to 1,185.00. Shares in Hafnia Ltd (OL:HAFNI ) fell to 52-week lows; falling 3.45% or 2.05 to 57.30.

Crude oil for December delivery was down 0.01% or 0.01 to $68.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.03% or 0.02 to hit $71.85 a barrel, while the December Gold Futures contract fell 0.49% or 12.70 to trade at $2,605.00 a troy ounce.

EUR/NOK was up 0.11% to 11.77, while USD/NOK rose 0.61% to 11.09.

The US Dollar Index Futures was up 0.43% at 105.92.

Source: Investing.com