Investing.com – Norway equities were lower at the close on Monday, as losses in the Diversified Financials, Pharma Biotech & Life Sciences and Materials sectors propelled shares lower.
At the close in Oslo, the Oslo OBX declined 2.02% to hit a new 3-month low.
The biggest gainers of the session on the Oslo OBX were Gjensidige Forsikring ASA (OL:GJFS), which fell 0.45% or 0.6 points to trade at 132.2 at the close. Orkla ASA (OL:ORK) fell 0.52% or 0.40 points to end at 76.05 and Schibsted ASA A (OL:SBSTA) was down 0.59% or 1.3 points to 217.9 in late trade.
Biggest losers included REC Silicon ASA (OL:REC), which lost 5.74% or 0.07 points to trade at 1.07 in late trade. Seadrill Limited (OL:SDRL) declined 5.17% or 0.63 points to end at 11.56 and Aker BP ASA (OL:AKERBP) shed 5.05% or 7.10 points to 133.60.
Declining stocks outnumbered rising ones by 160 to 22 and 17 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for May delivery was down 0.44% or 0.21 to $47.76 a barrel. Meanwhile, Brent oil for delivery in June rose 0.06% or 0.03 to hit $50.95 a barrel, while the April Gold Futures contract rose 0.45% or 5.65 to trade at $1254.15 a troy ounce.
EUR/NOK was up 0.49% to 9.2163, while USD/NOK fell 0.24% to 8.4721.
The US Dollar Index Futures was down 0.68% at 98.91.