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

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 fell 0.57% to hit a new 1-month low.

The biggest gainers 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. 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.

Biggest losers included Norwegian Air Shuttle ASA (OL:NAS), which lost 3.88% or 0.41 points to trade at 10.16 in late trade. Kongsberg Gruppen ASA (OL:KOG) declined 3.56% or 41.00 points to end at 1,111.00 and Hafnia Ltd (OL:HAFNI) shed 3.27% or 2.10 points to 62.15.

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

In commodities trading, Crude oil for December delivery was up 2.06% or 1.43 to $70.92 a barrel. Meanwhile, Brent oil for delivery in January rose 1.93% or 1.41 to hit $74.51 a barrel, while the December Gold Futures contract fell 0.01% or 0.15 to trade at $2,749.05 a troy ounce.

EUR/NOK was up 0.07% to 11.97, while USD/NOK fell 0.36% to 10.99.

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