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Norway shares lower at close of trade; Oslo OBX down 2.54%

Stock MarketsOct 11, 2018 17:05
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© Reuters. Norway shares lower at close of trade; Oslo OBX down 2.54%

Investing.com – Norway equities were lower at the close on Thursday, as losses in the Pharma Biotech & Life Sciences, Technology Hardware & Equipment and Transport sectors propelled shares lower.

At the close in Oslo, the Oslo OBX declined 2.54% to hit a new 1-month low.

The biggest gainers of the session on the Oslo OBX were SalMar ASA (OL:SALM), which fell 0.43% or 1.80 points to trade at 417.20 at the close. Grieg Seafood (OL:GSFO) fell 0.60% or 0.70 points to end at 116.00 and Marine Harvest ASA (OL:MHG) was down 0.97% or 1.80 points to 184.50 in late trade.

Biggest losers included DNO International ASA (OL:DNO), which lost 5.85% or 0.96 points to trade at 15.45 in late trade. REC Silicon ASA (OL:REC) declined 5.16% or 0.03 points to end at 0.54 and Petroleum Geo - Services ASA (OL:PGS) shed 5.12% or 1.78 points to 32.96.

Declining stocks outnumbered rising ones by 181 to 18 and 14 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was down 2.17% or 1.59 to $71.58 a barrel. Meanwhile, Brent oil for delivery in December fell 2.25% or 1.87 to hit $81.22 a barrel, while the December Gold Futures contract rose 2.55% or 30.40 to trade at $1223.80 a troy ounce.

EUR/NOK was up 0.26% to 9.5124, while USD/NOK fell 0.19% to 8.2197.

The US Dollar Index Futures was down 0.36% at 94.88.

Norway shares lower at close of trade; Oslo OBX down 2.54%
 

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