Norway stocks lower at close of trade; Oslo OBX down 1.42%

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 lost 1.42%.

The best performers of the session on the Oslo OBX were Kongsberg Gruppen ASA (OL:KOG ), which rose 1.48% or 16.00 points to trade at 1,098.00 at the close. Meanwhile, Storebrand ASA (OL:STB ) added 1.21% or 1.40 points to end at 117.40 and Norwegian Air Shuttle ASA (OL:NAS ) was up 1.20% or 0.14 points to 11.82 in late trade.

The worst performers of the session were TGS NOPEC Geophysical Company ASA (OL:TGS ), which fell 5.51% or 5.75 points to trade at 98.65 at the close. Borr Drilling Ltd (OL:BORR ) declined 5.25% or 3.15 points to end at 56.80 and Hoegh Autoliners ASA (OL:HAUTO ) was down 5.13% or 7.00 points to 129.50.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 175 to 100 and 29 ended unchanged.

Crude oil for November delivery was down 4.46% or 3.44 to $73.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 4.35% or 3.52 to hit $77.41 a barrel, while the December Gold Futures contract fell 0.90% or 24.00 to trade at $2,642.00 a troy ounce.

EUR/NOK was up 0.67% to 11.76, while USD/NOK rose 0.73% to 10.72.

The US Dollar Index Futures was up 0.03% at 102.33.

Source: Investing.com