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Norway stocks lower at close of trade; Oslo OBX down 0.50%

Published 11/24/2017, 12:05 PM
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 0.50%
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Investing.com – Norway stocks were lower after the close on Friday, as losses in the Food, Beverages & Tobacco, Pharma Biotech & Life Sciences and Consumer Durables And Apparel sectors led shares lower.

At the close in Oslo, the Oslo OBX fell 0.50%.

The best performers of the session on the Oslo OBX were BW LPG Ltd (OL:BWLPG), which rose 3.23% or 1.06 points to trade at 33.90 at the close. Meanwhile, REC Silicon ASA (OL:REC) added 2.16% or 0.02 points to end at 1.14 and Telenor ASA (OL:TEL) was up 0.38% or 0.7 points to 183.1 in late trade.

The worst performers of the session were SalMar ASA (OL:SALM), which fell 4.62% or 11.90 points to trade at 245.60 at the close. Grieg Seafood (OL:GSFO) declined 4.20% or 3.30 points to end at 75.30 and Petroleum Geo - Services ASA (OL:PGS) was down 3.72% or 0.49 points to 12.67.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 97 to 79 and 28 ended unchanged.

Shares in Telenor ASA (OL:TEL) rose to 52-week highs; rising 0.38% or 0.7 to 183.1.

Crude oil for January delivery was up 1.36% or 0.79 to $58.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.08% or 0.05 to hit $63.60 a barrel, while the December Gold Futures contract fell 0.35% or 4.53 to trade at $1287.67 a troy ounce.

EUR/NOK was up 0.68% to 9.7066, while USD/NOK fell 0.03% to 8.1327.

The US Dollar Index Futures was down 0.41% at 92.66.

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