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Norway shares lower at close of trade; Oslo OBX down 0.78%

Published 2018-05-24, 12:05 p/m
© Reuters.  Norway shares lower at close of trade; Oslo OBX down 0.78%
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Investing.com – Norway equities were lower at the close on Thursday, as losses in the Technology Hardware & Equipment, Energy and Banking sectors propelled shares lower.

At the close in Oslo, the Oslo OBX fell 0.78%.

The biggest gainers of the session on the Oslo OBX were BW LPG Ltd (OL:BWLPG), which rose 4.37% or 1.32 points to trade at 31.50 at the close. Yara International ASA (OL:YAR) added 2.10% or 7.1 points to end at 345.6 and Grieg Seafood (OL:GSFO) was up 2.06% or 1.90 points to 94.15 in late trade.

Biggest losers included Petroleum Geo - Services ASA (OL:PGS), which lost 4.97% or 2.08 points to trade at 39.78 in late trade. Aker BP ASA (OL:AKERBP) declined 2.43% or 7.40 points to end at 297.40 and Equinor ASA (OL:EQNR) shed 1.99% or 4.3 points to 211.4.

Declining stocks outnumbered rising ones by 119 to 57 and 17 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for July delivery was down 1.13% or 0.81 to $71.03 a barrel. Meanwhile, Brent oil for delivery in July fell 0.85% or 0.68 to hit $79.12 a barrel, while the June Gold Futures contract rose 1.09% or 14.10 to trade at $1303.70 a troy ounce.

EUR/NOK was up 0.18% to 9.4833, while USD/NOK fell 0.09% to 8.0885.

The US Dollar Index Futures was down 0.20% at 93.72.

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