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Norway stocks lower at close of trade; Oslo OBX down 1.42%

by October 8, 2024
written by October 8, 2024

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 lost 1.42%.

The best performers of the session on the Oslo OBX were Kongsberg Gruppen ASA (OL:KOG), which rose 1.48% or 16.00 points to trade at 1,098.00 at the close. Meanwhile, Storebrand ASA (OL:STB) added 1.21% or 1.40 points to end at 117.40 and Norwegian Air Shuttle ASA (OL:NAS) was up 1.20% or 0.14 points to 11.82 in late trade.

The worst performers of the session were TGS NOPEC Geophysical Company ASA (OL:TGS), which fell 5.51% or 5.75 points to trade at 98.65 at the close. Borr Drilling Ltd (OL:BORR) declined 5.25% or 3.15 points to end at 56.80 and Hoegh Autoliners ASA (OL:HAUTO) was down 5.13% or 7.00 points to 129.50.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 175 to 100 and 29 ended unchanged.

Crude oil for November delivery was down 4.46% or 3.44 to $73.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 4.35% or 3.52 to hit $77.41 a barrel, while the December Gold Futures contract fell 0.90% or 24.00 to trade at $2,642.00 a troy ounce.

EUR/NOK was up 0.67% to 11.76, while USD/NOK rose 0.73% to 10.72.

The US Dollar Index Futures was up 0.03% at 102.33.

This post appeared first on investing.com
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