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Norway stocks lower at close of trade; Oslo OBX down 0.10%

Norway stocks lower at close of trade; Oslo OBX down 0.10%

Norway stocks closed lower on Wednesday as losses in the Media, Transport and Diversified Financials sectors dragged the Oslo OBX down 0.10%. SalMar ASA emerged as the top gainers of the session, surging 6.25% to 578.00. Norwegian Air Shuttle ASA and Mowi ASA also reported gains, with share prices increasing by 1.90% and 1.83%, respectively.

Conversely, Hafnia Ltd suffered a 3.48% decline, while TGS NOPEC Geophysical Company ASA and Hoegh Autoliners ASA both dropped 3.25% and 2.59%, respectively. Falling shares outnumbered advancing ones by 140 to 114 on the Oslo Stock Exchange, with 30 ending unchanged. Oil prices saw a 0.72% decrease, with October crude oil trading at $81.77 a barrel.

Brent oil for November delivery slipped 0.66% to $86.69 a barrel, while December Gold Futures dropped 0.62% to $4,665.56 per troy ounce. EUR/NOK rose 0.23% to 10.89, and USD/NOK increased 0.45% to 9.35. The US Dollar Index Futures also gained 0.29% at 99.12.

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