Investing.com – Norway stocks were lower after the close on Tuesday, as losses in the Technology Hardware & Equipment, Materials and Commercial Service And Supplies sectors led shares lower.
At the close in Oslo, the Oslo OBX declined 1.72% to hit a new 1-month low.
The best performers of the session on the Oslo OBX were Golden Ocean Group Ltd (OL:GOGLT), which rose 4.44% or 0.50 points to trade at 11.75 at the close. Meanwhile, Det norske oljeselskap ASA (OL:DETNOR) added 0.89% or 0.50 points to end at 56.50 and Subsea 7 SA (OL:SUBC) was up 0.08% or 0.1 points to 64.4 in late trade.
The worst performers of the session were Seadrill Limited (OL:SDRL), which fell 9.45% or 4.0 points to trade at 38.6 at the close. Norsk Hydro ASA (OL:NHY) declined 6.46% or 2.11 points to end at 30.54 and DNO International ASA (OL:DNO) was down 6.19% or 0.50 points to 7.50.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 141 to 45 and 3 ended unchanged.
Shares in Seadrill Limited (OL:SDRL) fell to 5-year lows; losing 9.45% or 4.0 to 38.6.
Crude oil for January delivery was down 0.16% or 0.06 to $37.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.43% or 0.17 to hit $40.55 a barrel, while the February Gold contract fell 0.24% or 2.60 to trade at $1072.60 a troy ounce.
EUR/NOK was up 1.80% to 9.5528, while USD/NOK rose 1.36% to 8.7826.
The US Dollar Index was down 0.22% at 98.52.