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Norway shares lower at close of trade; Oslo OBX down 0.21%

Published 30/07/2024, 15:55
© Reuters Norway shares lower at close of trade; Oslo OBX down 0.21%
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Investing.com – Norway equities were lower at the close on Tuesday, as losses in the Media, Transport and Diversified Financials sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.21%.

The biggest gainers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NAS), which rose 2.21% or 0.25 points to trade at 11.35 at the close. SalMar ASA (OL:SALM) added 2.07% or 12.50 points to end at 615.00 and Gjensidige Forsikring ASA (OL:GJFG) was up 1.44% or 2.60 points to 183.00 in late trade.

Biggest losers included Golden Ocean Group Ltd (OL:GOGL), which lost 3.01% or 4.20 points to trade at 135.50 in late trade. Frontline Ltd (OL:FRO) declined 2.01% or 5.40 points to end at 263.10 and Nel ASA (OL:NEL) shed 1.64% or 0.10 points to 6.12.

Declining stocks outnumbered rising ones by 149 to 131 and 31 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.28% or 0.97 to $74.84 a barrel. Meanwhile, Brent oil for delivery in October fell 1.09% or 0.86 to hit $78.19 a barrel, while the December Gold Futures contract rose 0.45% or 10.90 to trade at $2,436.40 a troy ounce.

EUR/NOK was down 0.43% to 11.85, while USD/NOK fell 0.31% to 10.97.

The US Dollar Index Futures was up 0.16% at 104.48.

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