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Norway stocks lower at close of trade; Oslo OBX down 0.01%

Published 2015-11-25, 12:05 p/m
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 0.01%

Investing.com – Norway stocks were lower after the close on Wednesday, as losses in the Transport, Real Estate and Pharma Biotech & Life Sciences sectors led shares lower.

At the close in Oslo, the Oslo OBX lost 0.01%.

The best performers of the session on the Oslo OBX were Gjensidige Forsikring ASA (OL:GJFS), which rose 2.18% or 3.0 points to trade at 140.2 at the close. Meanwhile, Schibsted ASA A (OL:SBSTA) added 1.67% or 5.3 points to end at 316.7 and Renewable Energy Corporation ASA (OL:REC) was up 1.64% or 0.03 points to 1.91 in late trade.

The worst performers of the session were Fred. Olsen Energy ASA (OL:FOE), which fell 3.62% or 1.5 points to trade at 41.5 at the close. Det norske oljeselskap ASA (OL:DETNOR) declined 3.48% or 2.00 points to end at 57.50 and Seadrill Limited (OL:SDRL) was down 3.18% or 1.8 points to 53.3.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 110 to 71 and 3 ended unchanged.

Crude oil for January delivery was down 0.79% or 0.34 to $42.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.20% or 0.56 to hit $45.56 a barrel, while the December Gold contract fell 0.21% or 2.30 to trade at $1071.50 a troy ounce.

EUR/NOK was down 0.23% to 9.1809, while USD/NOK fell 0.02% to 8.6454.

The US Dollar Index was up 0.15% at 99.83.

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