Norway shares lower at close of trade; Oslo OBX down 0.54%

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Norway shares lower at close of trade; Oslo OBX down 0.54%
Credit: © Reuters.

Investing.com – Norway equities were lower at the close on Friday, as losses in the Insurance , Materials and Media sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.54%.

The biggest gainers of the session on the Oslo OBX were DNO International ASA (OL: DNO ), which rose 4.85% or 0.64 points to trade at 13.74 at the close. Grieg Seafood (OL: GSFO ) added 4.77% or 3.45 points to end at 75.85 and P/f Bakkafrost (OL: BAKKA ) was up 3.98% or 17.40 points to 454.60 in late trade.

Biggest losers included Gjensidige Forsikring ASA (OL: GJFS ), which lost 7.57% or 10.9 points to trade at 133.1 in late trade. Orkla ASA (OL: ORK ) declined 4.20% or 3.62 points to end at 82.66 and BW LPG Ltd (OL: BWLPG ) shed 3.93% or 1.39 points to 34.01.

Declining stocks outnumbered rising ones by 100 to 79 and 26 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for May delivery was down 1.73% or 1.10 to $62.44 a barrel. Meanwhile, Brent oil for delivery in June fell 1.30% or 0.89 to hit $67.44 a barrel, while the June Gold Futures contract rose 0.52% or 6.90 to trade at $1335.40 a troy ounce.

EUR/NOK was up 0.28% to 9.6091, while USD/NOK rose 0.01% to 7.8300.

The US Dollar Index Futures was down 0.29% at 89.86.

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