Norway stocks lower at close of trade; Oslo OBX down 0.38%

Investing.com – Norway stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in Oslo, the declined 0.38% to hit a new 1-month low.

The best performers of the session on the were Nel ASA (OL:), which rose 5.45% or 0.16 points to trade at 3.15 at the close. Meanwhile, Borr Drilling Ltd (OL:) added 3.25% or 1.36 points to end at 43.20 and Golden Ocean Group Ltd (OL:) was up 2.60% or 2.55 points to 100.55 in late trade.

The worst performers of the session were Yara International ASA (OL:), which fell 3.05% or 9.60 points to trade at 305.30 at the close. SalMar ASA (OL:) declined 1.69% or 9.50 points to end at 552.00 and Telenor ASA (OL:) was down 1.64% or 2.10 points to 126.30.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 158 to 120 and 28 ended unchanged.

Crude oil for January delivery was up 0.68% or 0.48 to $70.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.02% or 0.75 to hit $73.94 a barrel, while the February Gold Futures contract fell 0.27% or 7.15 to trade at $2,654.85 a troy ounce.

EUR/NOK was up 0.29% to 11.78, while USD/NOK rose 0.44% to 11.24.

The US Dollar Index Futures was up 0.17% at 106.85.