Norway shares lower at close of trade; Oslo OBX down 0.43%

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Norway shares lower at close of trade; Oslo OBX down 0.43%
Credit: © Reuters. – Norway equities were lower at the close on Thursday, as losses in the Energy , Media and Auto & components sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.43%.

The biggest gainers of the session on the Oslo OBX were Gjensidige Forsikring ASA (OL: GJFS ), which rose 5.19% or 7.5 points to trade at 152.1 at the close. Storebrand ASA (OL: STB ) added 2.86% or 1.95 points to end at 70.25 and Norsk Hydro ASA (OL: NHY ) was up 0.32% or 0.20 points to 62.80 in late trade.

Biggest losers included Petroleum Geo - Services ASA (OL: PGS ), which lost 11.88% or 1.90 points to trade at 14.10 in late trade. Orkla ASA (OL: ORK ) declined 5.30% or 4.40 points to end at 78.50 and Grieg Seafood (OL: GSFO ) shed 2.67% or 2.10 points to 76.60.

Declining stocks outnumbered rising ones by 97 to 75 and 36 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.50% or 0.26 to $52.44 a barrel. Meanwhile, Brent oil for delivery in December rose 0.33% or 0.19 to hit $58.63 a barrel, while the December Gold Futures contract fell 0.30% or 3.84 to trade at $1275.16 a troy ounce.

EUR/NOK was up 0.59% to 9.5207, while USD/NOK rose 1.58% to 8.1371.

The US Dollar Index Futures was up 0.75% at 94.23.

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