Norway shares lower at close of trade; Oslo OBX down 1.02%

  • Investing.com
  • Stock Market News
Norway shares lower at close of trade; Oslo OBX down 1.02%
Credit: © Reuters.

Investing.com – Norway equities were lower at the close on Thursday, as losses in the Auto & components , Commercial Service And Supplies and Food, Beverages & Tobacco sectors propelled shares lower.

At the close in Oslo, the Oslo OBX declined 1.02%.

The biggest gainers of the session on the Oslo OBX were Storebrand ASA (OL: STB ), which rose 1.41% or 1.02 points to trade at 73.22 at the close. DnB ASA (OL: DNB ) added 0.15% or 0.2 points to end at 166.4 and Subsea 7 SA (OL: SUBC ) was up 0.04% or 0.1 points to 122.1 in late trade.

Biggest losers included Norwegian Air Shuttle ASA (OL: NWC ), which lost 5.02% or 11.30 points to trade at 213.70 in late trade. REC Silicon ASA (OL: REC ) declined 4.61% or 0.03 points to end at 0.61 and P/f Bakkafrost (OL: BAKKA ) shed 3.67% or 19.50 points to 512.00.

Declining stocks outnumbered rising ones by 127 to 58 and 19 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was down 2.05% or 1.57 to $74.84 a barrel. Meanwhile, Brent oil for delivery in December fell 1.43% or 1.23 to hit $85.06 a barrel, while the December Gold Futures contract rose 0.22% or 2.60 to trade at $1205.50 a troy ounce.

EUR/NOK was up 0.47% to 9.4897, while USD/NOK rose 0.20% to 8.2455.

The US Dollar Index Futures was down 0.27% at 95.41.

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