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Norway shares lower at close of trade; Oslo OBX down 0.92%

Published 2018-11-19, 12:05 p/m
Updated 2018-11-19, 12:05 p/m

Investing.com – Norway equities were lower at the close on Monday, as losses in the Diversified Financials, Materials and Energy sectors propelled shares lower.

At the close in Oslo, the Oslo OBX declined 0.92% to hit a new 3-month low.

The biggest gainers of the session on the Oslo OBX were Grieg Seafood (OL:GSFO), which rose 2.35% or 2.70 points to trade at 117.70 at the close. Marine Harvest ASA (OL:MHG) added 1.93% or 3.75 points to end at 197.75 and Leroy Seafood Group ASA (OL:LSG) was up 1.20% or 0.9 points to 76.0 in late trade.

Biggest losers included Norwegian Air Shuttle ASA (OL:NWC), which lost 5.66% or 12.30 points to trade at 205.00 in late trade. Petroleum Geo - Services ASA (OL:PGS) declined 5.42% or 1.14 points to end at 21.00 and Aker Solutions OL (OL:AKSOL) shed 4.87% or 2.41 points to 47.04.

Declining stocks outnumbered rising ones by 120 to 61 and 25 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.09% or 0.05 to $56.51 a barrel. Meanwhile, Brent oil for delivery in January fell 0.81% or 0.54 to hit $66.22 a barrel, while the December Gold Futures contract rose 0.17% or 2.10 to trade at $1222.90 a troy ounce.

EUR/NOK was up 0.72% to 9.7044, while USD/NOK rose 0.53% to 8.4814.

The US Dollar Index Futures was down 0.20% at 96.14.

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