Investing.com – Norway equities were lower at the close on Tuesday, as losses in the Energy, Materials and Technology Hardware & Equipment sectors propelled shares lower.
At the close in Oslo, the Oslo OBX lost 1.22%.
The biggest gainers of the session on the Oslo OBX were Renewable Energy Corporation ASA (OL:REC), which rose 3.50% or 0.04 points to trade at 1.30 at the close. Schibsted ASA A (OL:SBSTA) added 0.79% or 1.8 points to end at 230.3 and Storebrand ASA (OL:STB) was up 0.46% or 0.15 points to 32.65 in late trade.
Biggest losers included Seadrill Limited (OL:SDRL), which lost 9.69% or 3.2 points to trade at 30.2 in late trade. Fred. Olsen Energy ASA (OL:FOE) declined 8.26% or 2.7 points to end at 30.0 and Petroleum Geo - Services ASA (OL:PGS) shed 7.73% or 2.01 points to 24.00.
Declining stocks outnumbered rising ones by 116 to 59 and 13 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for April delivery was down 3.04% or 1.13 to $36.05 a barrel. Meanwhile, Brent oil for delivery in May fell 2.88% or 1.14 to hit $38.39 a barrel, while the April Gold contract fell 1.02% or 12.70 to trade at $1232.40 a troy ounce.
EUR/NOK was up 1.14% to 9.5120, while USD/NOK rose 1.16% to 8.5684.
The US Dollar Index was up 0.08% at 96.68.