Norway shares lower at close of trade; Oslo OBX down 1.01%

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Norway shares lower at close of trade; Oslo OBX down 1.01%
Credit: © Reuters.

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

At the close in Oslo, the Oslo OBX declined 1.01%.

The biggest gainers of the session on the Oslo OBX were Schibsted ASA A (OL: SBSTA ), which rose 4.00% or 10.3 points to trade at 267.6 at the close. Leroy Seafood Group ASA (OL: LSG ) added 3.76% or 2.1 points to end at 58.0 and REC Silicon ASA (OL: REC ) was up 2.70% or 0.02 points to 0.85 in late trade.

Biggest losers included DnB ASA (OL: DNB ), which lost 4.03% or 6.5 points to trade at 156.1 in late trade. Aker Solutions OL (OL: AKSOL ) declined 3.33% or 1.86 points to end at 54.00 and Telenor ASA (OL: TEL ) shed 3.09% or 5.3 points to 166.4.

Advancing stocks outnumbered falling ones by 89 to 78 and 29 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for August delivery was down 1.28% or 0.90 to $69.48 a barrel. Meanwhile, Brent oil for delivery in September fell 0.08% or 0.06 to hit $73.34 a barrel, while the August Gold Futures contract rose 0.25% or 3.10 to trade at $1247.50 a troy ounce.

EUR/NOK was up 0.01% to 9.4668, while USD/NOK fell 0.13% to 8.0988.

The US Dollar Index Futures was down 0.04% at 94.44.

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