Norway stocks lower at close of trade; Oslo OBX down 0.79%

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

At the close in Oslo, the Oslo OBX declined 0.79%.

The best performers of the session on the Oslo OBX were Nordic Semiconductor ASA (OL:NOD ), which rose 3.61% or 3.80 points to trade at 109.15 at the close. Meanwhile, Kongsberg Gruppen ASA (OL:KOG ) added 2.01% or 23.00 points to end at 1,166.00 and Orkla ASA (OL:ORK ) was up 1.56% or 1.55 points to 100.80 in late trade.

The worst performers of the session were Borr Drilling Ltd (OL:BORR ), which fell 11.70% or 6.15 points to trade at 46.40 at the close. Equinor ASA (OL:EQNR ) declined 3.93% or 11.10 points to end at 271.50 and Aker BP ASA (OL:AKRBP ) was down 3.55% or 8.30 points to 225.20.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 149 to 134 and 26 ended unchanged.

Shares in Borr Drilling Ltd (OL:BORR ) fell to 52-week lows; down 11.70% or 6.15 to 46.40.

Crude oil for December delivery was down 5.42% or 3.89 to $67.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 5.32% or 4.02 to hit $71.61 a barrel, while the December Gold Futures contract fell 0.03% or 0.75 to trade at $2,753.85 a troy ounce.

EUR/NOK was up 0.66% to 11.88, while USD/NOK rose 0.21% to 10.99.

The US Dollar Index Futures was down 0.00% at 104.13.

Source: Investing.com

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