Norway shares lower at close of trade; Oslo OBX down 0.47%

  • Stock Market News
Norway shares lower at close of trade; Oslo OBX down 0.47%
Credit: © Reuters. – Norway equities were lower at the close on Wednesday, as losses in the Commercial Service And Supplies , Utilities and Technology Hardware & Equipment sectors propelled shares lower.

At the close in Oslo, the Oslo OBX lost 0.47%.

The biggest gainers of the session on the Oslo OBX were Golden Ocean Group Ltd (OL: GOGLT ), which rose 1.57% or 1.15 points to trade at 73.93 at the close. Aker BP ASA (OL: AKERBP ) added 0.88% or 2.60 points to end at 299.60 and Schibsted ASA A (OL: SBSTA ) was up 0.75% or 1.9 points to 256.7 in late trade.

Biggest losers included Norwegian Air Shuttle ASA (OL: NWC ), which lost 4.72% or 13.60 points to trade at 274.40 in late trade. SalMar ASA (OL: SALM ) declined 2.21% or 7.80 points to end at 345.60 and Grieg Seafood (OL: GSFO ) shed 1.96% or 1.70 points to 84.90.

Declining stocks outnumbered rising ones by 101 to 73 and 32 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for August delivery was up 1.77% or 1.15 to $66.05 a barrel. Meanwhile, Brent oil for delivery in August rose 0.17% or 0.13 to hit $75.21 a barrel, while the August Gold Futures contract fell 0.20% or 2.60 to trade at $1276.00 a troy ounce.

EUR/NOK was down 0.41% to 9.4498, while USD/NOK fell 0.42% to 8.1532.

The US Dollar Index Futures was unchanged 0.00% at 94.65.

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