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Norway shares lower at close of trade; Oslo OBX down 0.47%

Investing.comOct 7, 2024 3:25 PM

Investing.com – Norway equities were lower at the close on Monday, as losses in the Media, Transport and Diversified Financials sectors propelled shares lower.

At the close in Oslo, the Oslo OBX declined 0.47%.

The biggest gainers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NAS), which rose 7.16% or 0.78 points to trade at 11.68 at the close. Nel ASA (OL:NEL) added 2.62% or 0.12 points to end at 4.70 and Frontline Ltd (OL:FRO) was up 1.52% or 4.00 points to 267.00 in late trade.

Biggest losers included Equinor ASA (OL:EQNR), which lost 3.43% or 9.85 points to trade at 277.40 in late trade. Hafnia Ltd (OL:HAFNI) declined 1.57% or 1.25 points to end at 78.40 and Tomra Systems ASA (OL:TOM) shed 1.52% or 2.30 points to 149.10.

Declining stocks outnumbered rising ones by 150 to 126 and 30 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was up 2.42% or 1.80 to $76.18 a barrel. Meanwhile, Brent oil for delivery in December rose 2.24% or 1.75 to hit $79.80 a barrel, while the December Gold Futures contract fell 0.28% or 7.60 to trade at $2,660.20 a troy ounce.

EUR/NOK was down 0.40% to 11.68, while USD/NOK unchanged 0.01% to 10.64.

The US Dollar Index Futures was down 0.02% at 102.26.

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