Norway Stock Market Update

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

At the close in Oslo, the Oslo OBX declined 0.57%, hitting a new 1-month low.

Best Performers

• Borr Drilling Ltd (OL:BORR): +1.68% or +0.76 points to 46.00
• Nel ASA (OL:NEL): +1.36% or +0.06 points to 4.33
• Golden Ocean Group Ltd (OL:GOGL): +1.06% or +1.25 points to 119.35

Worst Performers

• Norwegian Air Shuttle ASA (OL:NAS): -3.88% or -0.41 points to 10.16
• Kongsberg Gruppen ASA (OL:KOG): -3.56% or -41.00 points to 1,111.00
• Hafnia Ltd (OL:HAFNI): -3.27% or -2.10 points to 62.15

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 181 to 102, with 24 ending unchanged.

Key Highlights

• Shares in Hafnia Ltd fell to 52-week lows, down 3.27% to 62.15.
• Crude oil for December delivery was up 2.06% or 1.43 to $70.92 a barrel. Brent oil for January rose 1.94% or 1.42 to $74.52 a barrel.
• December Gold Futures increased 0.01% or 0.25 to $2,749.45 a troy ounce.

Currency Updates

• EUR/NOK was up 0.06% to 11.97.
• USD/NOK fell 0.37% to 10.99.
• The US Dollar Index Futures was down 0.55% at 103.63.