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Norway stocks lower at close of trade; Oslo OBX down 1.29%

Published 04/04/2018, 12:05 PM
Updated 04/04/2018, 12:10 PM
© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 1.29%
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Investing.com – Norway stocks were lower after the close on Wednesday, as losses in the Pharma Biotech & Life Sciences, Media and Technology Hardware & Equipment sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 1.29%.

The best performers of the session on the Oslo OBX were Statoil ASA (OL:STL), which rose 0.30% or 0.6 points to trade at 185.0 at the close. Meanwhile, Subsea 7 SA (OL:SUBC) added 0.18% or 0.2 points to end at 99.9 and Aker BP ASA (OL:AKERBP) was down 0.19% or 0.40 points to 213.40 in late trade.

The worst performers of the session were Golden Ocean Group Ltd (OL:GOGLT), which fell 6.07% or 3.65 points to trade at 54.92 at the close. Questerre Energy Corporation (OL:QEC) declined 5.10% or 0.30 points to end at 5.49 and Grieg Seafood (OL:GSFO) was down 4.49% or 3.35 points to 71.20.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 148 to 39 and 20 ended unchanged.

Crude oil for May delivery was down 0.58% or 0.37 to $63.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.69% or 0.47 to hit $67.65 a barrel, while the June Gold Futures contract rose 0.13% or 1.80 to trade at $1339.10 a troy ounce.

EUR/NOK was up 0.01% to 9.6186, while USD/NOK fell 0.17% to 7.8246.

The US Dollar Index Futures was down 0.13% at 89.73.

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