Investing.com – Norway stocks were lower after the close on Friday, as losses in the Hotels, Restaurants & Leisure, Diversified Financials and Energy sectors led shares lower.
At the close in Oslo, the Oslo OBX lost 0.62%.
The best performers of the session on the Oslo OBX were Akastor ASA (OSLO:AKAS), which rose 1.19% or 0.1 points to trade at 12.8 at the close. Meanwhile, Telenor ASA (OSLO:TEL) added 0.50% or 0.9 points to end at 181.0 and Yara International ASA (OSLO:YAR) was up 0.45% or 1.9 points to 427.5 in late trade.
The worst performers of the session were Golden Ocean Group Ltd (OSLO:GOGLT), which fell 4.11% or 1.40 points to trade at 32.70 at the close. Det norske oljeselskap ASA (OSLO:DETNOR) declined 3.37% or 1.75 points to end at 50.25 and Seadrill Limited (OSLO:SDRL) was down 2.97% or 2.2 points to 71.8.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 106 to 67 and 3 ended unchanged.
Shares in Seadrill Limited (OSLO:SDRL) fell to 5-year lows; down 2.97% or 2.2 to 71.8.
Crude oil for September delivery was down 0.54% or 0.26 to $48.19 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.33% or 0.73 to hit $54.53 a barrel, while the August Gold contract fell 0.84% or 9.20 to trade at $1084.90 a troy ounce.
EUR/NOK was up 0.09% to 8.9925, while USD/NOK rose 0.19% to 8.1937.
The US Dollar Index was up 0.10% at 97.38.