Norway stocks lower at close of trade; Oslo OBX down 0.98%

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 lost 0.98% 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 1.71% or 1.70 points to trade at 101.40 at the close. Meanwhile, Borr Drilling Ltd (OL:BORR ) added 1.33% or 0.56 points to end at 42.58 and Kongsberg Gruppen ASA (OL:KOG ) was up 0.39% or 5.00 points to 1,291.00 in late trade.

The worst performers of the session were Nel ASA (OL:NEL ), which fell 3.50% or 0.11 points to trade at 2.93 at the close. Hoegh Autoliners ASA (OL:HAUTO ) declined 3.39% or 3.70 points to end at 105.30 and Var Energi ASA (OL:VAR ) was down 2.40% or 0.83 points to 33.71.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 189 to 83 and 29 ended unchanged.

Crude oil for January delivery was down 1.11% or 0.79 to $70.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.47% or 0.35 to hit $74.14 a barrel, while the February Gold Futures contract fell 0.12% or 3.11 to trade at $2,672.69 a troy ounce.

EUR/NOK was up 0.37% to 11.72, while USD/NOK rose 0.28% to 11.16.

The US Dollar Index Futures was down 0.12% at 106.56.

Source: Investing.com

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