Investing.com – Norway stocks were lower after the close on Monday, as losses in the Diversified Financials, Telecoms and Banking sectors led shares lower.
At the close in Oslo, the Oslo OBX fell 0.38%.
The best performers of the session on the Oslo OBX were P/f Bakkafrost (OL:BAKKA), which rose 1.84% or 8.00 points to trade at 443.80 at the close. Meanwhile, Grieg Seafood (OL:GSFO) added 1.32% or 1.15 points to end at 88.05 and Petroleum Geo - Services ASA (OL:PGS) was up 1.28% or 0.48 points to 38.10 in late trade.
The worst performers of the session were BW LPG Ltd (OL:BWLPG), which fell 4.29% or 1.39 points to trade at 30.99 at the close. Norwegian Finans Holding ASA (OL:NOFI) declined 2.38% or 2.15 points to end at 88.00 and Telenor ASA (OL:TEL) was down 1.47% or 2.5 points to 170.8.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 97 to 92 and 16 ended unchanged.
Shares in Petroleum Geo - Services ASA (OL:PGS) rose to 52-week highs; gaining 1.28% or 0.48 to 38.10.
Crude oil for June delivery was up 0.62% or 0.44 to $71.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.43% or 1.10 to hit $78.22 a barrel, while the June Gold Futures contract fell 0.08% or 1.10 to trade at $1319.60 a troy ounce.
EUR/NOK was up 0.16% to 9.5715, while USD/NOK fell 0.10% to 7.9935.
The US Dollar Index Futures was down 0.22% at 92.24.