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Norway stocks lower at close of trade; Oslo OBX down 1.27%

By Investing.com2 min readInvesting.com
Norway stocks lower at close of trade; Oslo OBX down 1.27%Norway stocks lower at close of trade; Oslo OBX down 1.27%

Norway stocks lower at close of trade; Oslo OBX down 1.27%

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

At the close in Oslo, the Oslo OBX lost 1.27%.

The best performers of the session on the Oslo OBX were Yara International ASA (OL:YAR), which rose 2.48% or 9.70 points to trade at 400.90 at the close. Meanwhile, Gjensidige Forsikring ASA (OL:GJFG) added 1.97% or 5.40 points to end at 279.60 and Orkla ASA (OL:ORK) was up 1.90% or 1.90 points to 101.90 in late trade.

The worst performers of the session were Aker BP ASA (OL:AKRBP), which fell 9.80% or 34.70 points to trade at 319.30 at the close. Nordic Semiconductor ASA (OL:NOD) declined 5.52% or 10.00 points to end at 171.00 and Var Energi ASA (OL:VAR) was down 4.67% or 2.48 points to 50.66.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 167 to 85 and 23 ended unchanged.

Crude oil for December delivery was up 2.32% or 2.04 to $90.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 2.27% or 2.15 to hit $96.77 a barrel, while the December Gold Futures contract rose 0.33% or 13.30 to trade at $4,086.30 a troy ounce.

EUR/NOK was up 0.14% to 10.45, while USD/NOK rose 0.13% to 9.30.

The US Dollar Index Futures was down 0.05% at 101.38.