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Norway shares lower at close of trade; Oslo OBX down 0.50%

Published 25/11/2017, 04:05 am
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 0.50%
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Investing.com – Norway equities were lower at the close on Friday, as losses in the Food, Beverages & Tobacco, Pharma Biotech & Life Sciences and Consumer Durables And Apparel sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.50%.

The biggest gainers of the session on the Oslo OBX were BW LPG Ltd (OL:BWLPG), which rose 3.23% or 1.06 points to trade at 33.90 at the close. REC Silicon ASA (OL:REC) added 2.16% or 0.02 points to end at 1.14 and Telenor ASA (OL:TEL) was up 0.38% or 0.7 points to 183.1 in late trade.

Biggest losers included SalMar ASA (OL:SALM), which lost 4.62% or 11.90 points to trade at 245.60 in late trade. Grieg Seafood (OL:GSFO) declined 4.20% or 3.30 points to end at 75.30 and Petroleum Geo - Services ASA (OL:PGS) shed 3.72% or 0.49 points to 12.67.

Declining stocks outnumbered rising ones by 97 to 79 and 28 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.36% or 0.79 to $58.81 a barrel. Meanwhile, Brent oil for delivery in January rose 0.06% or 0.04 to hit $63.59 a barrel, while the December Gold Futures contract fell 0.35% or 4.51 to trade at $1287.69 a troy ounce.

EUR/NOK was up 0.68% to 9.7068, while USD/NOK fell 0.03% to 8.1327.

The US Dollar Index Futures was down 0.41% at 92.66.

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