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Norway stocks lower at close of trade; Oslo OBX down 0.30%

2024.08.27 11:00

Norway stocks lower at close of trade; Oslo OBX down 0.30%

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

At the close in Oslo, the declined 0.30%.

The best performers of the session on the were Norwegian Air Shuttle ASA (OL:), which rose 1.12% or 0.12 points to trade at 10.87 at the close. Meanwhile, Tomra Systems ASA (OL:) added 1.09% or 1.70 points to end at 158.00 and Telenor ASA (OL:) was up 0.78% or 1.00 points to 129.60 in late trade.

The worst performers of the session were Nordic Semiconductor ASA (OL:), which fell 3.15% or 4.40 points to trade at 135.10 at the close. Frontline Ltd (OL:) declined 1.68% or 4.30 points to end at 251.80 and Subsea 7 SA (OL:) was down 1.21% or 2.40 points to 196.00.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 173 to 116 and 22 ended unchanged.

Crude oil for October delivery was down 1.51% or 1.17 to $76.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 1.34% or 1.08 to hit $79.28 a barrel, while the December Gold Futures contract fell 0.19% or 4.95 to trade at $2,550.25 a troy ounce.

EUR/NOK was down 0.53% to 11.71, while USD/NOK fell 0.42% to 10.49.

The US Dollar Index Futures was down 0.12% at 100.62.



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