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Norway shares lower at close of trade; Oslo OBX down 1.79%

Published 19/04/2017, 02:05 am
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 1.79%
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Investing.com – Norway equities were lower at the close on Tuesday, as losses in the Materials, Energy and Media sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 1.79%.

The biggest gainers of the session on the Oslo OBX were P/f Bakkafrost (OL:BAKKA), which rose 3.13% or 8.10 points to trade at 266.60 at the close. Marine Harvest ASA (OL:MHG) added 3.01% or 4.00 points to end at 137.10 and SalMar ASA (OL:SALM) was up 2.87% or 5.40 points to 193.60 in late trade.

Biggest losers included Seadrill Limited (OL:SDRL), which lost 9.71% or 0.68 points to trade at 6.32 in late trade. Yara International ASA (OL:YAR) declined 6.76% or 24.0 points to end at 330.9 and DNO International ASA (OL:DNO) shed 5.06% or 0.39 points to 7.23.

Declining stocks outnumbered rising ones by 117 to 55 and 27 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.70% or 0.37 to $52.28 a barrel. Meanwhile, Brent oil for delivery in June fell 1.05% or 0.58 to hit $54.78 a barrel, while the June Gold Futures contract fell 0.03% or 0.40 to trade at $1291.50 a troy ounce.

EUR/NOK was up 0.14% to 9.1213, while USD/NOK fell 0.43% to 8.5226.

The US Dollar Index Futures was down 0.54% at 99.66.

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