Norway stocks lower at close of trade; Oslo OBX down 1.24%

Norway stocks were lower after the close on Monday, as losses in the Media, Transport and Diversified Financials sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 1.24%.

The best performers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NAS), which rose 3.73% or 0.42 points to trade at 11.68 at the close. Meanwhile, Tomra Systems ASA (OL:TOM) added 3.18% or 3.05 points to end at 99.00 and SalMar ASA (OL:SALM) was up 1.85% or 10.50 points to 579.00 in late trade.

The worst performers of the session were TGS NOPEC Geophysical Company ASA (OL:TGS), which fell 5.29% or 7.50 points to trade at 134.20 at the close. Equinor ASA (OL:EQNR) declined 4.38% or 19.60 points to end at 427.90 and Var Energi ASA (OL:VAR) was down 3.96% or 2.34 points to 56.76.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 155 to 101 and 24 ended unchanged.

Crude oil for December delivery was down 6.39% or 6.65 to $97.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 6.39% or 7.25 to hit $106.18 a barrel, while the December Gold Futures contract rose 1.78% or 69.57 to trade at $3,968.47 a troy ounce.

EUR/NOK was up 1.37% to 10.39, while USD/NOK rose 1.02% to 9.28.

The US Dollar Index Futures was down 0.15% at 101.60.