Norway shares lower at close of trade; Oslo OBX down 1.24%

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Norway shares lower at close of trade; Oslo OBX down 1.24% – Norway equities were lower at the close on Friday, as losses in the Utilities , Energy and Telecoms sectors propelled shares lower.

At the close in Oslo, the Oslo OBX lost 1.24%.

The biggest gainers of the session on the Oslo OBX were Storebrand ASA (OL: STB ), which rose 1.40% or 0.94 points to trade at 68.28 at the close. DnB ASA (OL: DNB ) added 1.29% or 1.9 points to end at 153.7 and Gjensidige Forsikring ASA (OL: GJFS ) was up 1.04% or 1.3 points to 126.7 in late trade.

Biggest losers included DNO International ASA (OL: DNO ), which lost 6.18% or 0.98 points to trade at 14.80 in late trade. Aker Solutions OL (OL: AKSOL ) declined 4.30% or 2.34 points to end at 52.10 and Equinor ASA (OL: EQNR ) shed 2.74% or 5.8 points to 205.5.

Declining stocks outnumbered rising ones by 117 to 67 and 16 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for July delivery was down 4.10% or 2.90 to $67.81 a barrel. Meanwhile, Brent oil for delivery in July fell 3.26% or 2.57 to hit $76.22 a barrel, while the June Gold Futures contract fell 0.05% or 0.70 to trade at $1303.70 a troy ounce.

EUR/NOK was up 0.18% to 9.5076, while USD/NOK rose 0.65% to 8.1511.

The US Dollar Index Futures was up 0.41% at 94.10.

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