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Norway stocks lower at close of trade; Oslo OBX down 1.40%

2018-12-06 03:11    Investing

Norway stocks lower at close of trade; Oslo OBX down 1.40% Stock News

© Reuters. Norway Stocks lower at close of trade; Oslo OBX down 1.40%

Investing.com – Norway stocks were lower after the close on Wednesday, as losses in the Pharma Biotech & Life Sciences, Diversified Financials and Food, Beverages & Tobacco sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 1.40%.

The best performers of the session on the Oslo OBX were Aker Solutions OL (OL:AKSOL), which rose 1.44% or 0.65 points to trade at 45.69 at the close. Meanwhile, Grieg Seafood (OL:GSFO) added 0.70% or 0.80 points to end at 115.90 and Norwegian Air Shuttle ASA (OL:NWC) was up 0.47% or 1.00 points to 213.20 in late trade.

The worst performers of the session were Petroleum Geo - Services ASA (OL:PGS), which fell 4.95% or 0.93 points to trade at 17.77 at the close. TGS-NOPEC Geophysical Company ASA (OL:TGS) declined 3.73% or 9.3 points to end at 240.0 and Leroy Seafood Group ASA (OL:LSG) was down 3.01% or 2.2 points to 72.2.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 136 to 52 and 17 ended unchanged.

Crude oil for January delivery was up 0.21% or 0.11 to $53.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.18% or 0.11 to hit $62.19 a barrel, while the February Gold Futures contract fell 0.30% or 3.80 to trade at $1242.80 a troy ounce.

EUR/NOK was up 0.02% to 9.6519, while USD/NOK fell 0.03% to 8.5055.

The US Dollar Index Futures was up 0.05% at 96.955.

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