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

Published 2017-07-06, 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, Transport and Materials 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 REC Silicon ASA (OL:REC), which rose 4.30% or 0.05 points to trade at 1.12 at the close. Aker Solutions OL (OL:AKSOL) added 2.43% or 0.92 points to end at 38.74 and Storebrand ASA (OL:STB) was up 1.87% or 1.10 points to 60.05 in late trade.

Biggest losers included Norwegian Air Shuttle ASA (OL:NWC), which lost 7.75% or 18.8 points to trade at 223.7 in late trade. P/f Bakkafrost (OL:BAKKA) declined 2.72% or 8.30 points to end at 296.50 and Nordic Nanovector ASA (OL:NANOV) shed 2.50% or 1.90 points to 73.95.

Declining stocks outnumbered rising ones by 88 to 79 and 26 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for August delivery was up 2.30% or 1.04 to $46.17 a barrel. Meanwhile, Brent oil for delivery in September rose 2.05% or 0.98 to hit $48.77 a barrel, while the August Gold Futures contract rose 0.13% or 1.63 to trade at $1223.33 a troy ounce.

EUR/NOK was up 0.10% to 9.5346, while USD/NOK fell 0.39% to 8.3573.

The US Dollar Index Futures was down 0.33% at 95.65.

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