Investing.com – Norway equities were lower at the close on Monday, as losses in the Commercial Service And Supplies, Diversified Financials and Technology Hardware & Equipment sectors propelled shares lower.
At the close in Oslo, the Oslo OBX fell 1.17% to hit a new 52-week low.
The biggest gainers of the session on the Oslo OBX were Seadrill Limited (OL:SDRL), which rose 0.45% or 0.1 points to trade at 19.8 at the close. Aker Solutions OL (OL:AKSOL) added 0.41% or 0.10 points to end at 24.40 and TGS-NOPEC Geophysical Company ASA (OL:TGS) was up 0.27% or 0.3 points to 112.8 in late trade.
Biggest losers included Renewable Energy Corporation ASA (OL:REC), which lost 7.49% or 0.10 points to trade at 1.24 in late trade. Fred. Olsen Energy ASA (OL:FOE) declined 7.00% or 1.8 points to end at 23.9 and DNO International ASA (OL:DNO) shed 5.20% or 0.24 points to 4.34.
Declining stocks outnumbered rising ones by 131 to 47 and 5 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for March delivery was down 1.25% or 0.38 to $30.01 a barrel. Meanwhile, Brent oil for delivery in March fell 0.81% or 0.23 to hit $28.70 a barrel, while the February Gold contract fell 0.12% or 1.30 to trade at $1089.40 a troy ounce.
EUR/NOK was up 0.63% to 9.7032, while USD/NOK rose 0.95% to 8.9123.
The US Dollar Index was up 0.19% at 99.17.