Norway stocks lower at close of trade; Oslo OBX down 1.44%

Norway stocks lower at close of trade; Oslo OBX down 1.44%

Jun 25, 2018

Investing.com – Norway stocks were lower after the close on Monday, as losses in the Auto&components, Energy and Transport sectors led shares lower.

At the close in Oslo, the Oslo OBX lost 1.44%.

The best performers of the session on the Oslo OBX were Gjensidige Forsikring ASA (OL:GJFS), which rose 0.70% or 0.9 points to trade at 129.5 at the close. Meanwhile, Telenor ASA (OL:TEL) fell 0.18% or 0.3 points to end at 167.7 and Marine Harvest ASA (OL:MHG) was down 0.46% or 0.75 points to 164.00 in late trade.

The worst performers of the session were Norwegian Air Shuttle ASA (OL:NWC), which fell 5.20% or 14.00 points to trade at 255.20 at the close. REC Silicon ASA (OL:REC) declined 4.01% or 0.04 points to end at 0.95 and Petroleum Geo - Services ASA (OL:PGS) was down 3.36% or 1.24 points to 35.65.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 129 to 52 and 22 ended unchanged.

Crude oil for August delivery was down 0.44% or 0.30 to $68.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.46% or 1.10 to hit $74.22 a barrel, while the August Gold Futures contract fell 0.20% or 2.50 to trade at $1268.20 a troy ounce.

EUR/NOK was up 0.72% to 9.4983, while USD/NOK rose 0.32% to 8.1235.

The US Dollar Index Futures was down 0.17% at 94.03.

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