Norway shares lower at close of trade; Oslo OBX down 0.33%

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Norway shares lower at close of trade; Oslo OBX down 0.33%
Credit: © Reuters.

Investing.com – Norway equities were lower at the close on Thursday, as losses in the Auto & components , Food, Beverages & Tobacco and Pharma Biotech & Life Sciences sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.33%.

The biggest gainers of the session on the Oslo OBX were Yara International ASA (OL: YAR ), which rose 3.24% or 12.2 points to trade at 388.7 at the close. Petroleum Geo - Services ASA (OL: PGS ) added 1.53% or 0.35 points to end at 23.30 and Subsea 7 SA (OL: SUBC ) was up 0.92% or 1.2 points to 132.3 in late trade.

Biggest losers included BW LPG Ltd (OL: BWLPG ), which lost 2.41% or 0.97 points to trade at 39.20 in late trade. Marine Harvest ASA (OL: MHG ) declined 2.11% or 2.80 points to end at 130.00 and Norsk Hydro ASA (OL: NHY ) shed 1.94% or 1.18 points to 59.76.

Declining stocks outnumbered rising ones by 92 to 83 and 26 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.27% or 0.17 to $64.14 a barrel. Meanwhile, Brent oil for delivery in March rose 0.06% or 0.04 to hit $69.42 a barrel, while the February Gold Futures contract fell 0.63% or 8.50 to trade at $1330.70 a troy ounce.

EUR/NOK was down 0.21% to 9.5850, while USD/NOK fell 0.69% to 7.8276.

The US Dollar Index Futures was down 0.42% at 90.27.

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