Norway shares lower at close of trade; Oslo OBX down 0.26%

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Norway shares lower at close of trade; Oslo OBX down 0.26%
Credit: © Reuters. – Norway equities were lower at the close on Monday, as losses in the Media , Pharma Biotech & Life Sciences and Banking sectors propelled shares lower.

At the close in Oslo, the Oslo OBX declined 0.26%.

The biggest gainers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL: NWC ), which rose 9.43% or 25.00 points to trade at 290.00 at the close. Petroleum Geo - Services ASA (OL: PGS ) added 3.74% or 1.08 points to end at 29.98 and BW LPG Ltd (OL: BWLPG ) was up 2.00% or 0.60 points to 30.60 in late trade.

Biggest losers included P/f Bakkafrost (OL: BAKKA ), which lost 4.20% or 19.00 points to trade at 433.60 in late trade. Schibsted ASA A (OL: SBSTA ) declined 2.97% or 6.4 points to end at 209.1 and Golden Ocean Group Ltd (OL: GOGLT ) shed 2.33% or 1.45 points to 60.70.

Advancing stocks outnumbered falling ones by 86 to 84 and 38 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for May delivery was down 1.37% or 0.92 to $66.47 a barrel. Meanwhile, Brent oil for delivery in June fell 1.25% or 0.91 to hit $71.67 a barrel, while the June Gold Futures contract rose 0.17% or 2.30 to trade at $1350.20 a troy ounce.

EUR/NOK was up 0.44% to 9.6304, while USD/NOK rose 0.10% to 7.7836.

The US Dollar Index Futures was down 0.34% at 89.21.

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