Norway stocks lower at close of trade; Oslo OBX down 1.33%

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

At the close in Oslo, the Oslo OBX fell 1.33%.

The best performers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NAS), which rose 3.52% or 0.44 points to trade at 12.93 at the close. Meanwhile, Nel ASA (OL:NEL) added 2.27% or 0.04 points to end at 1.98 and TGS NOPEC Geophysical Company ASA (OL:TGS) was up 1.10% or 1.40 points to 128.90 in late trade.

The worst performers of the session were Frontline Ltd (OL:FRO), which fell 4.20% or 18.60 points to trade at 424.70 at the close. Hafnia Ltd (OL:HAFNI) declined 3.90% or 3.55 points to end at 87.45 and Hoegh Autoliners ASA (OL:HAUTO) was down 3.31% or 5.80 points to 169.60.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 154 to 100 and 20 ended unchanged.

Crude oil for December delivery was down 0.35% or 0.32 to $90.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.29% or 1.27 to hit $97.02 a barrel, while the December Gold Futures contract fell 1.20% or 49.45 to trade at $4,064.05 a troy ounce.

EUR/NOK was up 0.85% to 10.52, while USD/NOK rose 1.46% to 9.44.

The US Dollar Index Futures was up 0.62% at 102.06.