1 month ago
Stock Market

Norway stocks lower at close of trade; Oslo OBX down 0.39%

Investing.com – Norway stocks were lower after the close on Friday, as losses in the Pharma Biotech&Life Sciences, Technology Hardware&Equipment

Investing.com – Norway stocks were lower after the close on Friday, as losses in the Pharma Biotech&Life Sciences, Technology Hardware&Equipment and Telecoms sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 0.39%.

The best performers of the session on the Oslo OBX were Golden Ocean Group Ltd (OL:GOGLT), which rose 3.19% or 1.60 points to trade at 51.70 at the close. Meanwhile, Norwegian Air Shuttle ASA (OL:NWC) added 2.04% or 2.85 points to end at 142.85 and Subsea 7 SA (OL:SUBC) was up 1.61% or 1.5 points to 96.0 in late trade.

The worst performers of the session were Orkla ASA (OL:ORK), which fell 3.76% or 2.66 points to trade at 68.12 at the close. Telenor ASA (OL:TEL) declined 2.81% or 4.8 points to end at 164.2 and Leroy Seafood Group ASA (OL:LSG) was down 2.00% or 1.4 points to 67.6.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 107 to 78 and 19 ended unchanged.

Crude oil for March delivery was up 0.79% or 0.42 to $53.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.56% or 0.34 to hit $61.43 a barrel, while the February Gold Futures contract rose 1.33% or 17.05 to trade at $1296.85 a troy ounce.

EUR/NOK was up 0.13% to 9.7193, while USD/NOK fell 0.76% to 8.5216.

The US Dollar Index Futures was down 0.76% at 95.567.