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Norway shares lower at close of trade; Oslo OBX down 0.31%

Published 01/08/2018, 12:15
Updated 01/08/2018, 12:15
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 0.31%

Investing.com – Norway equities were lower at the close on Wednesday, as losses in the Auto & components, Materials and Technology Hardware & Equipment sectors propelled shares lower.

At the close in Oslo, the Oslo OBX lost 0.31%.

The biggest gainers of the session on the Oslo OBX were Grieg Seafood (OL:GSFO), which rose 1.81% or 1.75 points to trade at 98.60 at the close. DNO International ASA (OL:DNO) added 1.27% or 0.22 points to end at 17.50 and Orkla ASA (OL:ORK) was up 0.81% or 0.56 points to 69.56 in late trade.

Biggest losers included Aker BP ASA (OL:AKERBP), which lost 2.06% or 6.00 points to trade at 285.60 in late trade. Norsk Hydro ASA (OL:NHY) declined 1.46% or 0.68 points to end at 45.82 and Yara International ASA (OL:YAR) shed 1.42% or 5.1 points to 354.8.

Declining stocks outnumbered rising ones by 96 to 62 and 34 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.15% or 0.79 to $67.97 a barrel. Meanwhile, Brent oil for delivery in October fell 1.24% or 0.92 to hit $73.29 a barrel, while the August Gold Futures contract fell 0.12% or 1.50 to trade at $1222.20 a troy ounce.

EUR/NOK was down 0.03% to 9.5350, while USD/NOK rose 0.04% to 8.1613.

The US Dollar Index Futures was up 0.05% at 94.38.

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