Investing.com – Norway equities were lower at the close on Monday, as losses in the Diversified Financials, Telecoms and Banking sectors propelled shares lower.
At the close in Oslo, the Oslo OBX declined 0.38%.
The biggest gainers of the session on the Oslo OBX were P/f Bakkafrost (OL:BAKKA), which rose 1.84% or 8.00 points to trade at 443.80 at the close. Grieg Seafood (OL:GSFO) added 1.32% or 1.15 points to end at 88.05 and Petroleum Geo - Services ASA (OL:PGS) was up 1.28% or 0.48 points to 38.10 in late trade.
Biggest losers included BW LPG Ltd (OL:BWLPG), which lost 4.29% or 1.39 points to trade at 30.99 in late trade. Norwegian Finans Holding ASA (OL:NOFI) declined 2.38% or 2.15 points to end at 88.00 and Telenor ASA (OL:TEL) shed 1.47% or 2.5 points to 170.8.
Declining stocks outnumbered rising ones by 97 to 92 and 16 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for June delivery was up 0.62% or 0.44 to $71.14 a barrel. Meanwhile, Brent oil for delivery in July rose 1.41% or 1.09 to hit $78.21 a barrel, while the June Gold Futures contract fell 0.08% or 1.10 to trade at $1319.60 a troy ounce.
EUR/NOK was up 0.16% to 9.5716, while USD/NOK fell 0.09% to 7.9938.
The US Dollar Index Futures was down 0.21% at 92.25.