Norway stocks lower at close of trade; Oslo OBX down 0.29%
On Friday, Norwegian stocks closed lower, with the Oslo OBX index declining 0.29%. The Transport and Media sectors, along with Diversified Financials, saw losses that dragged the overall market down. Among the notable performers, Cmb.Tech NV surged 3.52%, reaching 182.40, marking a five-year high. Frontline Ltd also saw gains, climbing 2.86% to 435.30.
Hoegh Autoliners ASA increased by 2.59% to 174.40. On the flip side, Equinor ASA fell 1.80% to 393.60, while Telenor ASA dropped 1.34% to 133.00, and Norsk Hydro ASA decreased 1.26% to 93.92. The number of rising stocks (131) surpassed declining ones (115) on the Oslo Stock Exchange, with 30 ending unchanged. Crude oil for October delivery decreased by 0.50% to $90.84, and Brent oil for November fell by 0.12% to $95.41.
Gold Futures prices for December slipped by 1.60% to $4,467.10. The EUR/NOK currency pair rose by 0.23% to 10.81, and USD/NOK increased by 0.30% to 9.31. The US Dollar Index Futures saw a 0.23% rise to 99.11.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
