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Norway stocks lower at close of trade; Oslo OBX down 0.57%

Investing.com – 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 0.57% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Borr Drilling Ltd (OL:BORR), which rose 1.68% or 0.76 points to trade at 46.00 at the close. Meanwhile, Nel ASA (OL:NEL) added 1.36% or 0.06 points to end at 4.33 and Golden Ocean Group Ltd (OL:GOGL) was up 1.06% or 1.25 points to 119.35 in late trade.

The worst performers of the session were Norwegian Air Shuttle ASA (OL:NAS), which fell 3.88% or 0.41 points to trade at 10.16 at the close. Kongsberg Gruppen ASA (OL:KOG) declined 3.56% or 41.00 points to end at 1,111.00 and Hafnia Ltd (OL:HAFNI) was down 3.27% or 2.10 points to 62.15.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 181 to 102 and 24 ended unchanged.

Shares in Hafnia Ltd (OL:HAFNI) fell to 52-week lows; down 3.27% or 2.10 to 62.15.

Crude oil for December delivery was up 2.06% or 1.43 to $70.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.94% or 1.42 to hit $74.52 a barrel, while the December Gold Futures contract rose 0.01% or 0.25 to trade at $2,749.45 a troy ounce.

EUR/NOK was up 0.06% to 11.97, while USD/NOK fell 0.37% to 10.99.

The US Dollar Index Futures was down 0.55% at 103.63.

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