👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

Norway shares lower at close of trade; Oslo OBX down 2.63%

Published 27/12/2018, 17:05
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 2.63%
PGS
-
SUBC
-
DNB
-
GJFG
-
OBX
-
OSE2510GI
-
OSE3020GI
-
OSE4520GI
-
BWO
-
GSFG
-

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

At the close in Oslo, the Oslo OBX declined 2.63% to hit a new 6-month low.

The biggest gainers of the session on the Oslo OBX were Subsea 7 SA (OL:SUBC), which fell 0.25% or 0.2 points to trade at 80.2 at the close. Gjensidige Forsikring ASA (OL:GJFS) fell 0.82% or 1.1 points to end at 133.7 and DnB ASA (OL:DNB) was down 1.52% or 2.1 points to 136.4 in late trade.

Biggest losers included BW Offshore Ltd (OL:BWO), which lost 8.33% or 2.700 points to trade at 29.700 in late trade. Petroleum Geo - Services ASA (OL:PGS) declined 8.30% or 0.97 points to end at 10.66 and Grieg Seafood (OL:GSFO) shed 8.00% or 8.80 points to 101.20.

Declining stocks outnumbered rising ones by 143 to 53 and 13 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for February delivery was down 3.63% or 1.69 to $44.92 a barrel. Meanwhile, Brent oil for delivery in March fell 3.67% or 2.03 to hit $53.26 a barrel, while the February Gold Futures contract rose 0.72% or 9.10 to trade at $1278.85 a troy ounce.

EUR/NOK was up 0.86% to 10.0379, while USD/NOK rose 0.27% to 8.7901.

The US Dollar Index Futures was down 0.42% at 96.172.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.