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Norway stocks lower at close of trade; Oslo OBX down 1.27%

Published 08/10/2018, 12:05 PM
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 1.27%
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Investing.com – Norway stocks were lower after the close on Friday, as losses in the Materials, Food, Beverages & Tobacco and Transport sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 1.27%.

The best performers of the session on the Oslo OBX were Norwegian Finans Holding ASA (OL:NOFI), which rose 0.30% or 0.30 points to trade at 100.80 at the close. Meanwhile, Orkla ASA (OL:ORK) added 0.23% or 0.16 points to end at 70.00 and DNO International ASA (OL:DNO) was up 0.03% or 0.01 points to 18.02 in late trade.

The worst performers of the session were P/f Bakkafrost (OL:BAKKA), which fell 5.07% or 25.50 points to trade at 477.00 at the close. Leroy Seafood Group ASA (OL:LSG) declined 4.10% or 2.6 points to end at 61.2 and Norsk Hydro ASA (OL:NHY) was down 3.57% or 1.74 points to 46.94.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 120 to 57 and 30 ended unchanged.

Crude oil for September delivery was up 1.32% or 0.88 to $67.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.22% or 0.88 to hit $72.95 a barrel, while the December Gold Futures contract fell 0.04% or 0.50 to trade at $1219.40 a troy ounce.

EUR/NOK was down 0.48% to 9.5434, while USD/NOK rose 0.61% to 8.3697.

The US Dollar Index Futures was up 0.78% at 96.20.

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