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

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January 21, 2025
in Investing
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Norway stocks lower at close of trade; Oslo OBX down 0.47%

Investing.com – Norway stocks were lower after the close on Tuesday, as losses in the Media, Transport and Diversified Financials sectors led shares lower.

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

The best performers of the session on the Oslo OBX were Kongsberg Gruppen ASA (OL:KOG), which rose 1.49% or 19.00 points to trade at 1,295.00 at the close. Meanwhile, Hoegh Autoliners ASA (OL:HAUTO) added 1.15% or 1.20 points to end at 105.20 and TGS NOPEC Geophysical Company ASA (OL:TGS) was up 1.15% or 1.40 points to 123.50 in late trade.

The worst performers of the session were Frontline Ltd (OL:FRO), which fell 3.55% or 7.00 points to trade at 190.00 at the close. Norsk Hydro ASA (OL:NHY) declined 2.96% or 2.06 points to end at 67.42 and Nel ASA (OL:NEL) was down 2.71% or 0.06 points to 2.27.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 154 to 119 and 30 ended unchanged.

Crude oil for March delivery was down 1.87% or 1.45 to $75.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.12% or 0.90 to hit $79.25 a barrel, while the February Gold Futures contract rose 0.20% or 5.51 to trade at $2,754.21 a troy ounce.

EUR/NOK was up 0.21% to 11.78, while USD/NOK rose 0.36% to 11.33.

The US Dollar Index Futures was down 1.06% at 108.04.

This post appeared first on investing.com
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