Investing.com – Norway stocks were lower after the close on Tuesday, as losses in the Media, Materials and Diversified Financials sectors led shares lower.
At the close in Oslo, the Oslo OBX lost 0.11%.
The best performers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NWC), which rose 2.40% or 5.4 points to trade at 230.0 at the close. Meanwhile, Seadrill Limited (OL:SDRL) added 2.05% or 0.08 points to end at 3.98 and Marine Harvest ASA (OL:MHG) was up 2.00% or 2.90 points to 148.00 in late trade.
The worst performers of the session were Frontline Ltd (OL:FRO), which fell 4.33% or 2.13 points to trade at 47.08 at the close. BW LPG Ltd (OL:BWLPG) declined 3.00% or 1.03 points to end at 33.25 and Petroleum Geo - Services ASA (OL:PGS) was down 2.49% or 0.50 points to 19.62.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 86 to 86 and 27 ended unchanged.
Shares in Frontline Ltd (OL:FRO) fell to 52-week lows; down 4.33% or 2.13 to 47.08.
Crude oil for July delivery was down 1.06% or 0.53 to $49.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.42% or 0.75 to hit $51.89 a barrel, while the June Gold Futures contract fell 0.43% or 5.43 to trade at $1262.67 a troy ounce.
EUR/NOK was up 0.37% to 9.4262, while USD/NOK rose 0.23% to 8.4313.
The US Dollar Index Futures was down 0.08% at 97.25.