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Norway stocks lower at close of trade; Oslo OBX down 1.47%

Published 2015-12-14, 12:05 p/m
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 1.47%

Investing.com – Norway stocks were lower after the close on Monday, as losses in the Technology Hardware & Equipment, Diversified Financials and Software & Computer Services sectors led shares lower.

At the close in Oslo, the Oslo OBX fell 1.47% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Renewable Energy Corporation ASA (OL:REC), which rose 4.23% or 0.07 points to trade at 1.65 at the close. Meanwhile, Gjensidige Forsikring ASA (OL:GJFS) added 0.07% or 0.1 points to end at 137.9 and Orkla ASA (OL:ORK) was down 0.07% or 0.05 points to 69.35 in late trade.

The worst performers of the session were DNO International ASA (OL:DNO), which fell 11.87% or 0.81 points to trade at 5.99 at the close. Golden Ocean Group Ltd (OL:GOGLT) declined 8.57% or 0.87 points to end at 9.28 and Det norske oljeselskap ASA (OL:DETNOR) was down 4.52% or 2.45 points to 51.80.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 159 to 31.

Shares in DNO International ASA (OL:DNO) fell to 3-years lows; losing 11.87% or 0.81 to 5.99.

Crude oil for January delivery was up 1.77% or 0.63 to $36.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.29% or 0.11 to hit $38.43 a barrel, while the February Gold contract fell 0.77% or 8.30 to trade at $1067.40 a troy ounce.

EUR/NOK was up 0.13% to 9.5565, while USD/NOK fell 0.37% to 8.6633.

The US Dollar Index was down 0.18% at 97.43.

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