Investing.com – Norway stocks were lower after the close on Wednesday, as losses in the Hotels, Restaurants & Leisure, Diversified Financials and Capital Goods sectors led shares lower.
At the close in Oslo, the Oslo OBX declined 1.03% to hit a new 3-months low.
The best performers of the session on the Oslo OBX were Aker Solutions OL (OSLO:AKSOL), which rose 3.63% or 1.12 points to trade at 31.94 at the close. Meanwhile, Fred. Olsen Energy ASA (OSLO:FOE) added 2.98% or 1.1 points to end at 38.0 and Petroleum Geo - Services ASA (OSLO:PGS) was up 2.97% or 1.10 points to 38.10 in late trade.
The worst performers of the session were Golden Ocean Group Ltd (OSLO:GOGLT), which fell 6.98% or 2.20 points to trade at 29.30 at the close. Norsk Hydro ASA (OSLO:NHY) declined 4.84% or 1.50 points to end at 29.52 and Schibsted ASA A (OSLO:SBSTA) was down 3.10% or 8.6 points to 268.6.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 119 to 51 and 7 ended unchanged.
Shares in Norsk Hydro ASA (OSLO:NHY) fell to 52-week lows; falling 4.84% or 1.50 to 29.52.
Crude oil for September delivery was down 0.12% or 0.05 to $43.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.11% or 0.06 to hit $49.77 a barrel, while the December Gold contract rose 1.42% or 15.70 to trade at $1123.40 a troy ounce.
EUR/NOK was down 0.39% to 9.1067, while USD/NOK fell 1.81% to 8.1289.
The US Dollar Index was down 1.24% at 96.03.