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Norway stocks lower at close of trade; Oslo OBX down 0.10%

Published 01/07/2019, 12:05 PM
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 0.10%
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Investing.com – Norway stocks were lower after the close on Monday, as losses in the Food, Beverages & Tobacco, Telecoms and Banking sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 0.10%.

The best performers of the session on the Oslo OBX were Petroleum Geo - Services ASA (OL:PGS), which rose 18.67% or 2.73 points to trade at 17.35 at the close. Meanwhile, TGS-NOPEC Geophysical Company ASA (OL:TGS) added 5.40% or 12.2 points to end at 238.2 and Norwegian Air Shuttle ASA (OL:NWC) was up 3.87% or 6.70 points to 179.75 in late trade.

The worst performers of the session were BW Offshore Ltd (OL:BWO), which fell 6.37% or 2.300 points to trade at 33.933 at the close. P/f Bakkafrost (OL:BAKKA) declined 5.42% or 23.60 points to end at 412.00 and Marine Harvest ASA (OL:MOWI) was down 2.98% or 5.50 points to 179.00.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 103 to 88 and 19 ended unchanged.

Crude oil for February delivery was up 2.19% or 1.05 to $49.01 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.56% or 0.89 to hit $57.95 a barrel, while the February Gold Futures contract rose 0.29% or 3.70 to trade at $1289.50 a troy ounce.

EUR/NOK was down 0.19% to 9.7904, while USD/NOK fell 0.83% to 8.5390.

The US Dollar Index Futures was down 0.46% at 95.308.

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