Norway shares lower at close of trade; Oslo OBX down 0.84%

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Norway shares lower at close of trade; Oslo OBX down 0.84%
Credit: © Reuters. – Norway equities were lower at the close on Wednesday, as losses in the Commercial Service And Supplies , Materials and Technology Hardware & Equipment sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.84%.

The biggest gainers of the session on the Oslo OBX were Petroleum Geo - Services ASA (OL: PGS ), which rose 0.69% or 0.27 points to trade at 39.37 at the close. TGS-NOPEC Geophysical Company ASA (OL: TGS ) added 0.63% or 2.0 points to end at 319.0 and DnB ASA (OL: DNB ) was up 0.34% or 0.6 points to 162.7 in late trade.

Biggest losers included REC Silicon ASA (OL: REC ), which lost 7.35% or 0.07 points to trade at 0.83 in late trade. Norsk Hydro ASA (OL: NHY ) declined 2.60% or 1.25 points to end at 46.80 and DNO International ASA (OL: DNO ) shed 1.98% or 0.32 points to 15.55.

Declining stocks outnumbered rising ones by 125 to 50 and 18 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for August delivery was down 2.36% or 1.75 to $72.36 a barrel. Meanwhile, Brent oil for delivery in September fell 3.25% or 2.56 to hit $76.30 a barrel, while the August Gold Futures contract fell 0.70% or 8.80 to trade at $1246.60 a troy ounce.

EUR/NOK was up 0.36% to 9.4491, while USD/NOK rose 0.52% to 8.0590.

The US Dollar Index Futures was up 0.25% at 94.08.

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