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Norway shares lower at close of trade; Oslo OBX down 0.03%

Published 2017-07-27, 12:05 p/m
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 0.03%
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Investing.com – Norway equities were lower at the close on Thursday, as losses in the Pharma Biotech & Life Sciences, Telecoms and Utilities sectors propelled shares lower.

At the close in Oslo, the Oslo OBX declined 0.03%.

The biggest gainers of the session on the Oslo OBX were Statoil ASA (OL:STL), which rose 1.75% or 2.5 points to trade at 145.0 at the close. Aker BP ASA (OL:AKERBP) added 1.52% or 2.20 points to end at 147.00 and DNO International ASA (OL:DNO) was up 1.12% or 0.10 points to 8.99 in late trade.

Biggest losers included Petroleum Geo - Services ASA (OL:PGS), which lost 5.86% or 1.06 points to trade at 17.03 in late trade. BW LPG Ltd (OL:BWLPG) declined 2.69% or 0.95 points to end at 34.33 and Nordic Nanovector ASA (OL:NANOV) shed 1.96% or 1.60 points to 79.90.

Declining stocks outnumbered rising ones by 86 to 85 and 33 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.64% or 0.31 to $49.06 a barrel. Meanwhile, Brent oil for delivery in September rose 0.94% or 0.48 to hit $51.45 a barrel, while the August Gold Futures contract rose 0.67% or 8.42 to trade at $1257.82 a troy ounce.

EUR/NOK was up 0.16% to 9.2761, while USD/NOK rose 0.78% to 7.9543.

The US Dollar Index Futures was up 0.61% at 93.86.

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