Norway Stock Market Update

Investing.com – Norway stocks were lower after the close on Friday, with losses in the Media, Transport, and Diversified Financials sectors leading shares down.

At the close in Oslo, the Oslo OBX declined 0.58%, reaching a new 1-month low.

Best Performers

• Hoegh Autoliners ASA (OL:HAUTO): +4.69% (5.30 points) to 118.20 at close.
• Orkla ASA (OL:ORK): +1.67% (1.60 points) to 97.50.
• Frontline Ltd (OL:FRO): +1.47% (3.50 points) to 242.20 in late trade.

Worst Performers

• Norwegian Air Shuttle ASA (OL:NAS): -7.40% (0.84 points) to 10.51 at close.
• Aker BP ASA (OL:AKRBP): -2.87% (6.80 points) to 230.30.
• Nordic Semiconductor ASA (OL:NOD): -2.56% (3.30 points) to 125.50.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 168 to 109, with 31 finishing unchanged.

Shares in Orkla ASA (OL:ORK) rose to 5-year highs, gaining 1.67% while Aker BP ASA (OL:AKRBP) hit 52-week lows, declining 2.87%.

Commodities Update

• Crude oil for October delivery was down 1.53% ($1.06) to $68.09 a barrel.
• Brent oil for November delivery fell 1.51% ($1.10) to $71.59 a barrel.
• December Gold Futures fell 0.24% ($6.10) to $2,537.00 a troy ounce.

Currency Movements

• EUR/NOK: up 0.28% to 11.85.
• USD/NOK: up 0.54% to 10.67.
• US Dollar Index Futures: down 0.10% at 100.97.