Norway stocks lower at close of trade; Oslo OBX down 1.08%

Norway stocks lower at close of trade; Oslo OBX down 1.08%

May 23, 2018

Investing.com – Norway stocks were lower after the close on Wednesday, as losses in the Technology Hardware&Equipment, Diversified Financials and Auto&components sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 1.08%.

The best performers of the session on the Oslo OBX were SalMar ASA (OL:SALM), which rose 1.65% or 5.80 points to trade at 357.60 at the close. Meanwhile, Grieg Seafood (OL:GSFO) added 0.27% or 0.25 points to end at 92.25 and P/f Bakkafrost (OL:BAKKA) was up 0.19% or 0.80 points to 427.00 in late trade.

The worst performers of the session were Norwegian Air Shuttle ASA (OL:NWC), which fell 3.69% or 10.10 points to trade at 263.40 at the close. Golden Ocean Group Ltd (OL:GOGLT) declined 2.90% or 2.00 points to end at 67.00 and Norwegian Finans Holding ASA (OL:NOFI) was down 2.41% or 2.15 points to 87.20.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 136 to 38 and 25 ended unchanged.

Crude oil for July delivery was down 0.62% or 0.45 to $71.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.46% or 0.37 to hit $79.20 a barrel, while the June Gold Futures contract fell 0.07% or 0.90 to trade at $1291.10 a troy ounce.

EUR/NOK was down 0.10% to 9.4845, while USD/NOK rose 0.63% to 8.1100.

The US Dollar Index Futures was up 0.48% at 93.96.

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