The Oslo Stock Exchange opened in negative territory on Friday, with the main index down 0.12% shortly after the opening bell.
The decline marks a reversal of Thursday’s modest 0.39% gain, as investors navigate a week defined by volatile oil prices.
48% in Oslo trading following a price target downgrade by Danske Bank analyst Tomas Helgø.
Energy sector fluctuations have dominated trading sentiment throughout the week, weighing on broader market performance.
The early Friday slide suggests that buying interest has cooled, with traders cautious ahead of the weekend.
This session follows a period of heightened volatility for Norwegian equities.
Earlier in the week, shares fell sharply on Monday, dropping 6.48% in Oslo trading following a price target downgrade by Danske Bank analyst Tomas Helgø.