Norway stocks lower at close of trade; Oslo OBX down 0.47%
Jan 21, 2025

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

At the close in Oslo, the Oslo OBX fell 0.47%.

The best performers of the session on the Oslo OBX were Kongsberg Gruppen ASA (OL: KOG ), which rose 1.49% or 19.00 points to trade at 1,295.00 at the close. Meanwhile, Hoegh Autoliners ASA (OL: HAUTO ) added 1.15% or 1.20 points to end at 105.20 and TGS NOPEC Geophysical Company ASA (OL: TGS ) was up 1.15% or 1.40 points to 123.50 in late trade.

The worst performers of the session were Frontline Ltd (OL: FRO ), which fell 3.55% or 7.00 points to trade at 190.00 at the close. Norsk Hydro ASA (OL: NHY ) declined 2.96% or 2.06 points to end at 67.42 and Nel ASA (OL: NEL ) was down 2.71% or 0.06 points to 2.27.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 154 to 119 and 30 ended unchanged.

Crude oil for March delivery was down 1.87% or 1.45 to $75.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.12% or 0.90 to hit $79.25 a barrel, while the February Gold Futures contract rose 0.20% or 5.51 to trade at $2,754.21 a troy ounce.

EUR/NOK was up 0.21% to 11.78, while USD/NOK rose 0.36% to 11.33.

The US Dollar Index Futures was down 1.06% at 108.04.