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Norway shares lower at close of trade; Oslo OBX down 1.35%

Published 31/01/2018, 04:05 am
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 1.35%
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Investing.com – Norway equities were lower at the close on Tuesday, as losses in the Energy, Pharma Biotech & Life Sciences and Diversified Financials sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 1.35% to hit a new 1-month low.

The biggest gainers of the session on the Oslo OBX were Grieg Seafood (OL:GSFO), which rose 2.11% or 1.40 points to trade at 67.60 at the close. Leroy Seafood Group ASA (OL:LSG) added 1.96% or 0.8 points to end at 38.9 and P/f Bakkafrost (OL:BAKKA) was up 1.77% or 5.40 points to 311.20 in late trade.

Biggest losers included Petroleum Geo - Services ASA (OL:PGS), which lost 6.46% or 1.58 points to trade at 22.88 in late trade. DNO International ASA (OL:DNO) declined 5.65% or 0.59 points to end at 9.86 and Golden Ocean Group Ltd (OL:GOGLT) shed 5.12% or 3.65 points to 67.65.

Declining stocks outnumbered rising ones by 127 to 57 and 24 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for March delivery was down 1.88% or 1.23 to $64.33 a barrel. Meanwhile, Brent oil for delivery in April fell 1.36% or 0.94 to hit $68.26 a barrel, while the February Gold Futures contract fell 0.13% or 1.70 to trade at $1338.60 a troy ounce.

EUR/NOK was up 0.26% to 9.5728, while USD/NOK rose 0.19% to 7.7256.

The US Dollar Index Futures was down 0.09% at 89.09.

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