Norway stocks lower at close of trade; Oslo OBX down 1.05%

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 1.05%.

The best performers of the session on the Oslo OBX were Nel ASA (OL:NEL ), which rose 3.96% or 0.16 points to trade at 4.20 at the close. Meanwhile, SalMar ASA (OL:SALM ) added 2.10% or 12.00 points to end at 583.50 and Storebrand ASA (OL:STB ) was up 2.08% or 2.50 points to 122.90 in late trade.

The worst performers of the session were Frontline Ltd (OL:FRO ), which fell 4.77% or 12.10 points to trade at 241.70 at the close. Aker BP ASA (OL:AKRBP ) declined 3.68% or 8.80 points to end at 230.50 and Subsea 7 SA (OL:SUBC ) was down 3.58% or 6.60 points to 177.90.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 159 to 114 and 29 ended unchanged.

Shares in Storebrand ASA (OL:STB ) rose to all time highs; up 2.08% or 2.50 to 122.90.

Crude oil for November delivery was down 5.11% or 3.77 to $70.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 4.83% or 3.74 to hit $73.72 a barrel, while the December Gold Futures contract rose 0.39% or 10.35 to trade at $2,675.95 a troy ounce.

EUR/NOK was unchanged 0.02% to 11.78, while USD/NOK rose 0.08% to 10.81.

The US Dollar Index Futures was down 0.16% at 102.92.

Source: Investing.com