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Norway stocks lower at close of trade; Oslo OBX down 0.19%

Published 03/26/2018, 12:05 PM
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 0.19%
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Investing.com – Norway stocks were lower after the close on Monday, as losses in the Pharma Biotech & Life Sciences, Media and Auto & components sectors led shares lower.

At the close in Oslo, the Oslo OBX lost 0.19%.

The best performers of the session on the Oslo OBX were SalMar ASA (OL:SALM), which rose 3.61% or 11.00 points to trade at 316.00 at the close. Meanwhile, P/f Bakkafrost (OL:BAKKA) added 2.33% or 9.60 points to end at 420.80 and BW LPG Ltd (OL:BWLPG) was up 2.24% or 0.80 points to 36.50 in late trade.

The worst performers of the session were Questerre Energy Corporation (OL:QEC), which fell 5.63% or 0.39 points to trade at 6.45 at the close. Subsea 7 SA (OL:SUBC) declined 3.56% or 3.9 points to end at 105.8 and Norwegian Air Shuttle ASA (OL:NWC) was down 3.24% or 5.50 points to 164.50.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 104 to 78 and 18 ended unchanged.

Shares in SalMar ASA (OL:SALM) rose to all time highs; rising 3.61% or 11.00 to 316.00. Shares in P/f Bakkafrost (OL:BAKKA) rose to all time highs; up 2.33% or 9.60 to 420.80. Shares in Subsea 7 SA (OL:SUBC) fell to 52-week lows; falling 3.56% or 3.9 to 105.8. Shares in Norwegian Air Shuttle ASA (OL:NWC) fell to 5-year lows; losing 3.24% or 5.50 to 164.50.

Crude oil for May delivery was down 0.46% or 0.30 to $65.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.46% or 0.32 to hit $69.49 a barrel, while the April Gold Futures contract rose 0.39% or 5.30 to trade at $1355.20 a troy ounce.

EUR/NOK was down 0.26% to 9.5588, while USD/NOK fell 0.93% to 7.6843.

The US Dollar Index Futures was down 0.49% at 88.66.

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