Investing.com – Norway equities were lower at the close on Monday, as losses in the Energy, Auto & components and Consumer Durables And Apparel sectors propelled shares lower.
At the close in Oslo, the Oslo OBX declined 0.63%.
The biggest gainers of the session on the Oslo OBX were Frontline Ltd (OL:FRO), which rose 1.27% or 0.75 points to trade at 59.95 at the close. BW LPG Ltd (OL:BWLPG) added 0.66% or 0.30 points to end at 46.35 and Norsk Hydro ASA (OL:NHY) was up 0.40% or 0.18 points to 45.22 in late trade.
Biggest losers included Seadrill Limited (OL:SDRL), which lost 8.35% or 2.2 points to trade at 24.2 in late trade. Aker Solutions OL (OL:AKSOL) declined 3.96% or 1.83 points to end at 44.42 and P/f Bakkafrost (OL:BAKKA) shed 3.92% or 13.50 points to 330.70.
Declining stocks outnumbered rising ones by 107 to 76 and 21 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for March delivery was down 1.01% or 0.54 to $52.68 a barrel. Meanwhile, Brent oil for delivery in March fell 0.63% or 0.35 to hit $55.14 a barrel, while the February Gold contract rose 1.02% or 12.25 to trade at $1217.15 a troy ounce.
EUR/NOK was up 0.01% to 8.9929, while USD/NOK fell 0.32% to 8.3768.
The US Dollar Index was down 0.51% at 100.26.