Norway stocks lower at close of trade; Oslo OBX down 0.60%

Investing.com – Norway stocks were higher after the close on Tuesday, as gains in the Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities sectors led shares higher.

At the close in Oslo, the Oslo OBX rose 0.44%.

The best performers of the session on the Oslo OBX were Hafnia Ltd (OL:HAFNI), which rose 4.34% or 2.50 points to trade at 60.10 at the close. Meanwhile, Frontline Ltd (OL:FRO) added 2.82% or 5.60 points to end at 204.50 and Golden Ocean Group Ltd (OL:GOGL) was up 2.59% or 2.25 points to 89.25 in late trade.

The worst performers of the session were Nel ASA (OL:NEL), which fell 2.23% or 0.06 points to trade at 2.45 at the close. Norwegian Air Shuttle ASA (OL:NAS) declined 2.13% or 0.36 points to end at 16.54 and Telenor ASA (OL:TEL) was down 1.16% or 1.90 points to 162.20.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 154 to 103 and 38 ended unchanged.

Crude oil for September delivery was down 1.22% or 0.81 to $65.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.21% or 0.83 to hit $67.93 a barrel, while the December Gold Futures contract rose 0.36% or 12.40 to trade at $3,438.80 a troy ounce.

EUR/NOK was unchanged 0.03% to 11.88, while USD/NOK rose 0.06% to 10.27.

The US Dollar Index Futures was up 0.02% at 98.60.

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

At the close in Oslo, the Oslo OBX declined 1.12% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Telenor ASA (OL:TEL), which rose 1.51% or 2.40 points to trade at 161.10 at the close. Meanwhile, Hoegh Autoliners ASA (OL:HAUTO) added 0.96% or 1.00 points to end at 105.50 and SalMar ASA (OL:SALM) was up 0.10% or 0.40 points to 420.40 in late trade.

The worst performers of the session were Nel ASA (OL:NEL), which fell 6.78% or 0.18 points to trade at 2.48 at the close. Subsea 7 SA (OL:SUBC) declined 2.68% or 5.40 points to end at 196.40 and TGS NOPEC Geophysical Company ASA (OL:TGS) was down 2.42% or 1.85 points to 74.65.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 199 to 60 and 37 ended unchanged.

Crude oil for September delivery was down 2.73% or 1.89 to $67.37 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 2.72% or 1.95 to hit $69.75 a barrel, while the December Gold Futures contract rose 1.53% or 51.12 to trade at $3,399.72 a troy ounce.

EUR/NOK was up 0.67% to 11.86, while USD/NOK fell 0.55% to 10.26.

The US Dollar Index Futures was down 1.01% at 98.74.