Norway stocks lower at close of trade; Oslo OBX down 0.42%

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

At the close in Oslo, the Oslo OBX declined 0.42%.

The best performers of the session on the Oslo OBX were Gjensidige Forsikring ASA (OL:GJFG), which rose 2.42% or 4.50 points to trade at 190.50 at the close. Meanwhile, SalMar ASA (OL:SALM) added 1.87% or 10.00 points to end at 545.50 and Storebrand ASA (OL:STB) was up 1.39% or 1.60 points to 116.30 in late trade.

The worst performers of the session were Tomra Systems ASA (OL:TOM), which fell 4.61% or 7.30 points to trade at 151.00 at the close. Kongsberg Gruppen ASA (OL:KOG) declined 3.05% or 33.00 points to end at 1,050.00 and Norwegian Air Shuttle ASA (OL:NAS) was down 2.74% or 0.32 points to 11.35.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 172 to 104 and 30 ended unchanged.

Shares in Storebrand ASA (OL:STB) rose to all time highs; rising 1.39% or 1.60 to 116.30.

Crude oil for October delivery was up 1.99% or 1.38 to $70.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.76% or 1.28 to hit $73.98 a barrel, while the December Gold Futures contract rose 0.62% or 15.70 to trade at $2,541.70 a troy ounce.

EUR/NOK was up 0.08% to 11.80, while USD/NOK rose 0.41% to 10.65.

The US Dollar Index Futures was unchanged 0.00% at 101.30.