Investing.com – Norway stocks were lower after the close on Friday, as losses in the Pharma Biotech & Life Sciences, Food, Beverages & Tobacco and Commercial Service And Supplies sectors led shares lower.
At the close in Oslo, the Oslo OBX lost 0.90%.
The best performers of the session on the Oslo OBX were REC Silicon ASA (OL:REC), which rose 2.66% or 0.02 points to trade at 0.64 at the close. Meanwhile, Telenor ASA (OL:TEL) added 1.58% or 2.6 points to end at 170.1 and Schibsted ASA A (OL:SBSTA) was up 0.98% or 2.9 points to 299.5 in late trade.
The worst performers of the session were Grieg Seafood (OL:GSFO), which fell 7.73% or 8.50 points to trade at 101.40 at the close. Petroleum Geo - Services ASA (OL:PGS) declined 5.25% or 0.76 points to end at 13.72 and SalMar ASA (OL:SALM) was down 3.91% or 18.20 points to 446.80.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 120 to 69 and 17 ended unchanged.
Shares in Petroleum Geo - Services ASA (OL:PGS) fell to 52-week lows; losing 5.25% or 0.76 to 13.72.
Crude oil for January delivery was down 2.80% or 1.47 to $51.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.10% or 1.29 to hit $60.16 a barrel, while the February Gold Futures contract fell 0.33% or 4.10 to trade at $1243.30 a troy ounce.
EUR/NOK was up 0.25% to 9.7462, while USD/NOK rose 0.78% to 8.6236.
The US Dollar Index Futures was up 0.42% at 97.465.