Norway stocks lower at close of trade; Oslo OBX down 0.53%

Norway stocks lower at close of trade; Oslo OBX down 0.53%

May 22, 2018

Investing.com – Norway stocks were lower after the close on Tuesday, as losses in the Food, Beverages&Tobacco, Technology Hardware&Equipment and Energy sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 0.53%.

The best performers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NWC), which rose 9.18% or 23.00 points to trade at 273.50 at the close. Meanwhile, Golden Ocean Group Ltd (OL:GOGLT) added 4.07% or 2.70 points to end at 69.00 and BW LPG Ltd (OL:BWLPG) was up 2.88% or 0.86 points to 30.71 in late trade.

The worst performers of the session were Grieg Seafood (OL:GSFO), which fell 10.07% or 10.30 points to trade at 92.00 at the close. SalMar ASA (OL:SALM) declined 5.53% or 20.60 points to end at 352.90 and Leroy Seafood Group ASA (OL:LSG) was down 3.16% or 1.8 points to 55.7.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 94 to 82 and 26 ended unchanged.

Crude oil for July delivery was up 0.70% or 0.51 to $72.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.46% or 1.16 to hit $80.38 a barrel, while the June Gold Futures contract rose 0.08% or 1.00 to trade at $1291.90 a troy ounce.

EUR/NOK was down 0.20% to 9.4729, while USD/NOK fell 0.13% to 8.0394.

The US Dollar Index Futures was unchanged 0.00% at 93.46.

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