Norway shares lower at close of trade; Oslo OBX down 0.04%

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Norway shares lower at close of trade; Oslo OBX down 0.04%
Credit: © Reuters.

Investing.com – Norway equities were lower at the close on Wednesday, as losses in the Technology Hardware & Equipment , Telecoms and Media sectors propelled shares lower.

At the close in Oslo, the Oslo OBX declined 0.04%.

The biggest gainers of the session on the Oslo OBX were REC Silicon ASA (OL: REC ), which rose 7.81% or 0.04 points to trade at 0.56 at the close. Petroleum Geo - Services ASA (OL: PGS ) added 3.21% or 1.03 points to end at 33.14 and TGS-NOPEC Geophysical Company ASA (OL: TGS ) was up 3.19% or 9.4 points to 304.2 in late trade.

Biggest losers included Norwegian Finans Holding ASA (OL: NOFI ), which lost 0.62% or 0.60 points to trade at 96.35 in late trade. Golden Ocean Group Ltd (OL: GOGLT ) declined 0.41% or 0.30 points to end at 73.30 and Orkla ASA (OL: ORK ) shed 0.32% or 0.22 points to 67.64.

Advancing stocks outnumbered falling ones by 106 to 43 and 30 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was down 2.67% or 1.92 to $70.00 a barrel. Meanwhile, Brent oil for delivery in December fell 1.74% or 1.42 to hit $79.99 a barrel, while the December Gold Futures contract fell 0.06% or 0.70 to trade at $1230.30 a troy ounce.

EUR/NOK was up 0.25% to 9.4534, while USD/NOK rose 0.56% to 8.1929.

The US Dollar Index Futures was up 0.30% at 95.06.

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