Norway shares lower at close of trade; Oslo OBX down 0.90%

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Norway shares lower at close of trade; Oslo OBX down 0.90%
Credit: © Reuters. – Norway equities were lower at the close on Friday, as losses in the Pharma Biotech & Life Sciences , Food, Beverages & Tobacco and Commercial Service And Supplies sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.90%.

The biggest gainers of the session on the Oslo OBX were REC Silicon ASA (OL: REC ), which rose 2.66% or 0.02 points to trade at 0.64 at the close. Telenor ASA (OL: TEL ) added 1.58% or 2.6 points to end at 170.1 and Schibsted ASA A (OL: SBSTA ) was up 0.98% or 2.9 points to 299.5 in late trade.

Biggest losers included Grieg Seafood (OL: GSFO ), which lost 7.73% or 8.50 points to trade at 101.40 in late trade. Petroleum Geo - Services ASA (OL: PGS ) declined 5.25% or 0.76 points to end at 13.72 and SalMar ASA (OL: SALM ) shed 3.91% or 18.20 points to 446.80.

Declining stocks outnumbered rising ones by 120 to 69 and 17 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for January delivery was down 2.78% or 1.46 to $51.12 a barrel. Meanwhile, Brent oil for delivery in February fell 2.12% or 1.30 to hit $60.15 a barrel, while the February Gold Futures contract fell 0.33% or 4.10 to trade at $1243.30 a troy ounce.

EUR/NOK was up 0.25% to 9.7462, while USD/NOK rose 0.78% to 8.6234.

The US Dollar Index Futures was up 0.42% at 97.465.

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