1 month ago
Stock Market

Norway stocks lower at close of trade; Oslo OBX down 0.27%

Investing.com – Norway stocks were lower after the close on Wednesday, as losses in the Pharma Biotech&Life Sciences, Food, Beverages&Tobacco

Investing.com – Norway stocks were lower after the close on Wednesday, as losses in the Pharma Biotech&Life Sciences, Food, Beverages&Tobacco and Capital Goods sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 0.27%.

The best performers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NWC), which rose 11.21% or 5.87 points to trade at 58.20 at the close. Meanwhile, DNO International ASA (OL:DNO) added 5.19% or 0.95 points to end at 19.15 and Golden Ocean Group Ltd (OL:GOGLT) was up 2.63% or 1.16 points to 45.20 in late trade.

The worst performers of the session were SalMar ASA (OL:SALM), which fell 4.34% or 19.00 points to trade at 419.00 at the close. Nel ASA (OL:NEL) declined 2.81% or 0.140 points to end at 4.844 and Marine Harvest ASA (OL:MOWI) was down 2.25% or 4.50 points to 195.40.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 113 to 97 and 32 ended unchanged.

Shares in Norwegian Air Shuttle ASA (OL:NWC) rose to 5-year lows; gaining 11.21% or 5.87 to 58.20. Shares in DNO International ASA (OL:DNO) rose to 3-years highs; rising 5.19% or 0.95 to 19.15.

Crude oil for April delivery was up 1.67% or 0.94 to $57.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.22% or 0.81 to hit $67.26 a barrel, while the April Gold Futures contract rose 0.30% or 4.05 to trade at $1348.85 a troy ounce.

EUR/NOK was up 0.33% to 9.7428, while USD/NOK rose 0.08% to 8.5702.

The US Dollar Index Futures was down 0.21% at 96.148.