Norway shares lower at close of trade; Oslo OBX down 0.10%

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Norway shares lower at close of trade; Oslo OBX down 0.10%
Credit: © Reuters. – Norway equities were lower at the close on Monday, as losses in the Food, Beverages & Tobacco , Telecoms and Banking sectors propelled shares lower.

At the close in Oslo, the Oslo OBX declined 0.10%.

The biggest gainers of the session on the Oslo OBX were Petroleum Geo - Services ASA (OL: PGS ), which rose 18.67% or 2.73 points to trade at 17.35 at the close. TGS-NOPEC Geophysical Company ASA (OL: TGS ) added 5.40% or 12.2 points to end at 238.2 and Norwegian Air Shuttle ASA (OL: NWC ) was up 3.87% or 6.70 points to 179.75 in late trade.

Biggest losers included BW Offshore Ltd (OL: BWO ), which lost 6.37% or 2.300 points to trade at 33.933 in late trade. P/f Bakkafrost (OL: BAKKA ) declined 5.42% or 23.60 points to end at 412.00 and Marine Harvest ASA (OL: MOWI ) shed 2.98% or 5.50 points to 179.00.

Advancing stocks outnumbered falling ones by 103 to 88 and 19 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for February delivery was up 2.13% or 1.02 to $48.98 a barrel. Meanwhile, Brent oil for delivery in March rose 1.49% or 0.85 to hit $57.91 a barrel, while the February Gold Futures contract rose 0.29% or 3.70 to trade at $1289.50 a troy ounce.

EUR/NOK was down 0.20% to 9.7896, while USD/NOK fell 0.83% to 8.5383.

The US Dollar Index Futures was down 0.46% at 95.308.

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