Norway Stock Market Update

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

At the close in Oslo, the Oslo OBX fell 0.74%.

Best Performers

The best performers of the session on the Oslo OBX were:
– Nel ASA (OL:NEL): rose 5.60% or 0.30 points to trade at 5.66 at the close.
– Telenor ASA (OL:TEL): added 1.52% or 2.00 points to end at 133.50.
– Orkla ASA (OL:ORK): was up 1.22% or 1.15 points to 95.35 in late trade.

Worst Performers

The worst performers of the session were:
– Frontline Ltd (OL:FRO): fell 3.74% or 9.70 points to trade at 249.40 at the close.
– Golden Ocean Group Ltd (OL:GOGL): declined 3.28% or 4.30 points to end at 126.70.
– Kongsberg Gruppen ASA (OL:KOG): was down 3.21% or 36.00 points to 1,086.00.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 189 to 87, with 33 ending unchanged.

Shares in Telenor ASA (OL:TEL) rose to 52-week highs, gaining 1.52% or 2.00 to 133.50. Shares in Orkla ASA (OL:ORK) rose to 3-year highs, rising 1.22% or 1.15 to 95.35.

Commodities

Crude oil for October delivery was up 0.31% or 0.23 to $73.78 a barrel.
Elsewhere in commodities trading:
– Brent oil for November rose 0.16% or 0.12 to hit $77.05 a barrel.
– December Gold Futures contract rose 0.27% or 6.80 to trade at $2,534.40 a troy ounce.

Currency

• EUR/NOK was up 0.26% to 11.72.
• USD/NOK fell 0.06% to 10.59.

The US Dollar Index Futures was down 0.03% at 101.60.