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Norway shares lower at close of trade; Oslo OBX down 1.61%

Published 06/12/2024, 15:55
Updated 06/12/2024, 16:00
© Reuters Norway shares lower at close of trade; Oslo OBX down 1.61%
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Investing.com – Norway equities were lower at the close on Friday, as losses in the Media, Transport and Diversified Financials sectors propelled shares lower.

At the close in Oslo, the Oslo OBX lost 1.61%.

The biggest gainers of the session on the Oslo OBX were Nel ASA (OL:NEL), which rose 1.60% or 0.05 points to trade at 3.11 at the close. Telenor ASA (OL:TEL) added 0.70% or 0.90 points to end at 129.00 and Tomra Systems ASA (OL:TOM) was up 0.65% or 1.00 points to 155.20 in late trade.

Biggest losers included Aker BP ASA (OL:AKRBP), which lost 3.90% or 8.90 points to trade at 219.60 in late trade. Subsea 7 SA (OL:SUBC) declined 3.73% or 6.70 points to end at 173.10 and Norsk Hydro ASA (OL:NHY) shed 3.70% or 2.58 points to 67.18.

Declining stocks outnumbered rising ones by 152 to 115 and 33 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.38% or 0.94 to $67.36 a barrel. Meanwhile, Brent oil for delivery in February fell 1.22% or 0.88 to hit $71.21 a barrel, while the February Gold Futures contract rose 0.41% or 10.81 to trade at $2,659.21 a troy ounce.

EUR/NOK was up 0.74% to 11.77, while USD/NOK rose 1.02% to 11.14.

The US Dollar Index Futures was up 0.23% at 105.95.

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