Norway stocks lower at close of trade; Oslo OBX down 2.14%

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 2.14%.

The best performers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NAS ), which rose 5.34% or 0.58 points to trade at 11.45 at the close. Meanwhile, Telenor ASA (OL:TEL ) fell 0.07% or 0.10 points to end at 133.40 and Kongsberg Gruppen ASA (OL:KOG ) was down 0.09% or 1.00 points to 1,085.00 in late trade.

The worst performers of the session were Nel ASA (OL:NEL ), which fell 7.28% or 0.41 points to trade at 5.25 at the close. TGS NOPEC Geophysical Company ASA (OL:TGS ) declined 6.61% or 7.80 points to end at 110.20 and Nordic Semiconductor ASA (OL:NOD ) was down 5.44% or 7.60 points to 132.10.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 242 to 45 and 24 ended unchanged.

Crude oil for October delivery was down 4.08% or 3.00 to $70.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 4.54% or 3.52 to hit $74.00 a barrel, while the December Gold Futures contract fell 0.72% or 18.25 to trade at $2,509.35 a troy ounce.

EUR/NOK was up 0.81% to 11.81, while USD/NOK rose 1.09% to 10.70.

The US Dollar Index Futures was up 0.10% at 101.72.

Source: Investing.com

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