Norway stocks lower at close of trade; Oslo OBX down 0.06%

Norway stocks lower at close of trade; Oslo OBX down 0.06%

Apr 11, 2019

Norway stocks were lower after the close on Thursday, as losses in the Healthcare Equipment&Services, Telecoms and Diversified Financials sectors led shares lower.

At the close in Oslo, the Oslo OBX lost 0.06%.

The best performers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NWC), which rose 4.56% or 1.74 points to trade at 39.87 at the close. Meanwhile, Golden Ocean Group Ltd (OL:GOGLT) added 3.15% or 1.46 points to end at 47.74 and BW Offshore Ltd (OL:BWO) was up 3.10% or 1.550 points to 51.550 in late trade.

The worst performers of the session were Storebrand ASA (OL:STB), which fell 3.27% or 2.32 points to trade at 68.70 at the close. Subsea 7 SA (OL:SUBC) declined 1.88% or 2.1 points to end at 112.3 and Aker BP ASA (OL:AKERBP) was down 1.69% or 5.30 points to 308.70.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 107 to 96 and 35 ended unchanged.

Crude oil for May delivery was down 1.39% or 0.90 to $63.71 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.07% or 0.77 to hit $70.96 a barrel, while the June Gold Futures contract fell 1.41% or 18.55 to trade at $1295.35 a troy ounce.

EUR/NOK was up 0.38% to 9.6110, while USD/NOK rose 0.52% to 8.5374.

The US Dollar Index Futures was up 0.26% at 96.805.

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