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Norway shares lower at close of trade

Published 24/03/2015, 17:05
© Reuters.  Norway shares lower at close of trade
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Investing.com – Norway equities were lower at the close on Tuesday, as losses in the Software & Computer Services, Energy and Hotels, Restaurants & Leisure sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.35%.

The biggest gainers of the session on the Oslo OBX were Bw Lpg (OSLO:BWLPG), which rose 2.48% or 1.60 points to trade at 66.15 at the close. Prosafe (OSLO:PRSO) added 1.22% or 0.30 points to end at 24.80 and Storebrand ASA (OSLO:STB) was up 0.83% or 0.25 points to 30.50 in late trade.

Biggest losers included Fred. Olsen Energy ASA (OSLO:FOE), which lost 6.91% or 4.1 points to trade at 55.2 in late trade. DNO International ASA (OSLO:DNO) declined 6.74% or 0.85 points to end at 11.77 and Golden Ocean Group Ltd (OSLO:GOGL) shed 5.67% or 0.32 points to 5.25.

Advancing stocks outnumbered falling ones by 91 to 82 and 5 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.02% or 0.01 to $47.44 a barrel. Meanwhile, Brent oil for delivery in May fell 0.94% or 0.53 to hit $55.40 a barrel, while the April Gold contract rose 0.35% or 4.10 to trade at $1191.80 a troy ounce.

EUR/NOK was down 0.52% to 8.5756, while USD/NOK fell 0.28% to 7.8536.

The US Dollar Index was up 0.23% at 97.43.

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