Norway stocks lower at close of trade; Oslo OBX down 0.81%

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 fell 0.81% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Nordic Semiconductor ASA (OL:NOD ), which rose 1.97% or 2.50 points to trade at 129.55 at the close. Meanwhile, Telenor ASA (OL:TEL ) added 1.26% or 1.70 points to end at 136.50 and Hafnia Ltd (OL:HAFNI ) was up 0.94% or 0.70 points to 75.50 in late trade.

The worst performers of the session were Borr Drilling Ltd (OL:BORR ), which fell 6.75% or 4.00 points to trade at 55.25 at the close. TGS NOPEC Geophysical Company ASA (OL:TGS ) declined 6.00% or 6.50 points to end at 101.90 and Nel ASA (OL:NEL ) was down 4.69% or 0.24 points to 4.96.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 180 to 99 and 26 ended unchanged.

Shares in Borr Drilling Ltd (OL:BORR ) fell to 52-week lows; losing 6.75% or 4.00 to 55.25. Shares in Telenor ASA (OL:TEL ) rose to 52-week highs; gaining 1.26% or 1.70 to 136.50.

Crude oil for October delivery was down 3.30% or 2.27 to $66.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 2.92% or 2.10 to hit $69.74 a barrel, while the December Gold Futures contract rose 0.16% or 4.10 to trade at $2,536.80 a troy ounce.

EUR/NOK was down 0.05% to 11.95, while USD/NOK rose 0.15% to 10.85.

The US Dollar Index Futures was up 0.19% at 101.71.

Source: Investing.com