Norway stocks lower at close of trade; Oslo OBX down 0.30%

Norway stocks lower at close of trade; Oslo OBX down 0.30%

Nov 08, 2018

Norway stocks were lower after the close on Thursday, as losses in the Diversified Financials, Technology Hardware&Equipment and Energy sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 0.30%.

The best performers of the session on the Oslo OBX were Grieg Seafood (OL:GSFO), which rose 2.59% or 3.10 points to trade at 122.90 at the close. Meanwhile, Leroy Seafood Group ASA (OL:LSG) added 1.95% or 1.5 points to end at 77.5 and Gjensidige Forsikring ASA (OL:GJFS) was up 1.57% or 2.1 points to 136.0 in late trade.

The worst performers of the session were REC Silicon ASA (OL:REC), which fell 8.87% or 0.07 points to trade at 0.72 at the close. Aker ASA (OL:AKER) declined 3.80% or 24.0 points to end at 608.0 and Aker BP ASA (OL:AKERBP) was down 3.33% or 9.00 points to 263.93.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 108 to 64 and 27 ended unchanged.

Crude oil for December delivery was down 0.91% or 0.56 to $61.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.11% or 0.80 to hit $71.27 a barrel, while the December Gold Futures contract fell 0.11% or 1.40 to trade at $1224.80 a troy ounce.

EUR/NOK was down 0.16% to 9.5252, while USD/NOK fell 0.05% to 8.3452.

The US Dollar Index Futures was up 0.33% at 96.12.

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