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Norway shares lower at close of trade; Oslo OBX down 0.03%

Published 10/08/2017, 02:05 am
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 0.03%
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Investing.com – Norway equities were lower at the close on Wednesday, as losses in the Auto & components, Pharma Biotech & Life Sciences and Insurance sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.03%.

The biggest gainers of the session on the Oslo OBX were Marine Harvest ASA (OL:MHG), which rose 2.41% or 3.60 points to trade at 153.53 at the close. REC Silicon ASA (OL:REC) added 2.35% or 0.02 points to end at 1.04 and Grieg Seafood (OL:GSFO) was up 2.18% or 1.45 points to 67.95 in late trade.

Biggest losers included Storebrand ASA (OL:STB), which lost 1.96% or 1.30 points to trade at 64.90 in late trade. Statoil ASA (OL:STL) declined 1.26% or 1.9 points to end at 148.4 and Schibsted ASA A (OL:SBSTA) shed 1.19% or 2.5 points to 208.4.

Declining stocks outnumbered rising ones by 106 to 68 and 29 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.18% or 0.09 to $49.26 a barrel. Meanwhile, Brent oil for delivery in October rose 0.46% or 0.24 to hit $52.38 a barrel, while the December Gold Futures contract rose 1.26% or 15.89 to trade at $1278.49 a troy ounce.

EUR/NOK was up 0.01% to 9.3517, while USD/NOK rose 0.05% to 7.9600.

The US Dollar Index Futures was unchanged 0.00% at 93.48.

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