😎 Summer Sale Exclusive - Up to 50% off AI-powered stock picks by InvestingProCLAIM SALE

Norway shares lower at close of trade; Oslo OBX down 0.39%

Published 2019/01/25, 19:05
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 0.39%
ORK
-
TEL
-
SUBC
-
GOGL
-
LSG
-
NAS
-
OBX
-
OSE3520GI
-
OSE4520GI
-
OSE5010GI
-

Investing.com – Norway equities were lower at the close on Friday, as losses in the Pharma Biotech & Life Sciences, Technology Hardware & Equipment and Telecoms sectors propelled shares lower.

At the close in Oslo, the Oslo OBX declined 0.39%.

The biggest gainers of the session on the Oslo OBX were Golden Ocean Group Ltd (OL:GOGLT), which rose 3.19% or 1.60 points to trade at 51.70 at the close. Norwegian Air Shuttle ASA (OL:NWC) added 2.04% or 2.85 points to end at 142.85 and Subsea 7 SA (OL:SUBC) was up 1.61% or 1.5 points to 96.0 in late trade.

Biggest losers included Orkla ASA (OL:ORK), which lost 3.76% or 2.66 points to trade at 68.12 in late trade. Telenor ASA (OL:TEL) declined 2.81% or 4.8 points to end at 164.2 and Leroy Seafood Group ASA (OL:LSG) shed 2.00% or 1.4 points to 67.6.

Declining stocks outnumbered rising ones by 107 to 78 and 19 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.79% or 0.42 to $53.55 a barrel. Meanwhile, Brent oil for delivery in March rose 0.54% or 0.33 to hit $61.42 a barrel, while the February Gold Futures contract rose 1.32% or 16.90 to trade at $1296.70 a troy ounce.

EUR/NOK was up 0.13% to 9.7195, while USD/NOK fell 0.74% to 8.5232.

The US Dollar Index Futures was down 0.76% at 95.567.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.