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Norway shares lower at close of trade; Oslo OBX down 0.77%

Published 14-11-2018, 10:35 pm
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 0.77%

Investing.com – Norway equities were lower at the close on Wednesday, as losses in the Materials, Banking and Transport sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.77%.

The biggest gainers of the session on the Oslo OBX were Aker ASA (OL:AKER), which rose 1.61% or 9.0 points to trade at 569.0 at the close. Orkla ASA (OL:ORK) added 1.41% or 1.02 points to end at 73.36 and DNO International ASA (OL:DNO) was up 1.26% or 0.18 points to 14.51 in late trade.

Biggest losers included Yara International ASA (OL:YAR), which lost 6.55% or 25.0 points to trade at 356.5 in late trade. Golden Ocean Group Ltd (OL:GOGLT) declined 4.83% or 2.85 points to end at 56.15 and REC Silicon ASA (OL:REC) shed 4.29% or 0.03 points to 0.67.

Declining stocks outnumbered rising ones by 104 to 81 and 27 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.74% or 0.97 to $56.66 a barrel. Meanwhile, Brent oil for delivery in January rose 1.83% or 1.20 to hit $66.67 a barrel, while the December Gold Futures contract rose 0.36% or 4.30 to trade at $1203.50 a troy ounce.

EUR/NOK was up 0.25% to 9.6193, while USD/NOK rose 0.06% to 8.5016.

The US Dollar Index Futures was down 0.31% at 96.84.

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