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

Published 28/11/2018, 17:05
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 0.31%
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Investing.com – Norway equities were lower at the close on Wednesday, as losses in the Insurance, Diversified Financials and Software & Computer Services 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 DNO International ASA (OL:DNO), which rose 3.48% or 0.47 points to trade at 13.99 at the close. Norwegian Finans Holding ASA (OL:NOFI) added 3.13% or 2.20 points to end at 72.55 and Norsk Hydro ASA (OL:NHY) was up 0.61% or 0.25 points to 46.26 in late trade.

Biggest losers included Norwegian Air Shuttle ASA (OL:NWC), which lost 3.18% or 6.90 points to trade at 279.57 in late trade. Petroleum Geo - Services ASA (OL:PGS) declined 2.46% or 0.48 points to end at 19.00 and Gjensidige Forsikring ASA (OL:GJFS) shed 2.45% or 3.4 points to 135.4.

Declining stocks outnumbered rising ones by 96 to 72 and 37 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.09% or 0.56 to $52.12 a barrel. Meanwhile, Brent oil for delivery in February rose 0.73% or 0.44 to hit $60.84 a barrel, while the February Gold Futures contract rose 0.50% or 6.10 to trade at $1226.00 a troy ounce.

EUR/NOK was down 0.02% to 9.7080, while USD/NOK fell 0.47% to 8.5629.

The US Dollar Index Futures was down 0.32% at 96.965.

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