Norway stocks lower at close of trade; Oslo OBX down 1.43%

Norway stocks lower at close of trade; Oslo OBX down 1.43%

Nov 13, 2018

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

At the close in Oslo, the Oslo OBX fell 1.43%.

The best performers of the session on the Oslo OBX were SalMar ASA (OL:SALM), which rose 4.36% or 21.30 points to trade at 509.50 at the close. Meanwhile, Norwegian Air Shuttle ASA (OL:NWC) added 3.00% or 6.60 points to end at 226.40 and Telenor ASA (OL:TEL) was up 1.33% or 2.1 points to 160.5 in late trade.

The worst performers of the session were DNO International ASA (OL:DNO), which fell 10.33% or 1.65 points to trade at 14.32 at the close. Equinor ASA (OL:EQNR) declined 4.33% or 9.2 points to end at 208.2 and Aker ASA (OL:AKER) was down 3.61% or 21.0 points to 560.0.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 142 to 50 and 16 ended unchanged.

Shares in SalMar ASA (OL:SALM) rose to all time highs; up 4.36% or 21.30 to 509.50.

Crude oil for December delivery was down 3.97% or 2.38 to $57.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 3.78% or 2.65 to hit $67.47 a barrel, while the December Gold Futures contract rose 0.17% or 2.10 to trade at $1203.40 a troy ounce.

EUR/NOK was up 0.06% to 9.5685, while USD/NOK fell 0.56% to 8.4766.

The US Dollar Index Futures was down 0.43% at 96.96.

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