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Norway shares lower at close of trade; Oslo OBX down 0.85%

Published 2018/09/05, 18:05
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 0.85%

Investing.com – Norway equities were lower at the close on Wednesday, as losses in the Energy, Telecoms and Diversified Financials sectors propelled shares lower.

At the close in Oslo, the Oslo OBX lost 0.85%.

The biggest gainers of the session on the Oslo OBX were P/f Bakkafrost (OL:BAKKA), which rose 5.17% or 24.70 points to trade at 502.50 at the close. Grieg Seafood (OL:GSFO) added 2.61% or 2.55 points to end at 100.00 and Leroy Seafood Group ASA (OL:LSG) was up 1.82% or 1.2 points to 67.0 in late trade.

Biggest losers included Aker BP ASA (OL:AKERBP), which lost 4.13% or 12.40 points to trade at 288.00 in late trade. DNO International ASA (OL:DNO) declined 3.21% or 0.53 points to end at 15.81 and TGS-NOPEC Geophysical Company ASA (OL:TGS) shed 3.10% or 9.9 points to 309.3.

Declining stocks outnumbered rising ones by 114 to 75 and 21 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for October delivery was down 1.29% or 0.90 to $68.97 a barrel. Meanwhile, Brent oil for delivery in November fell 0.96% or 0.75 to hit $77.42 a barrel, while the December Gold Futures contract rose 0.31% or 3.70 to trade at $1202.80 a troy ounce.

EUR/NOK was up 0.54% to 9.7731, while USD/NOK rose 0.16% to 8.4062.

The US Dollar Index Futures was down 0.28% at 95.10.

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