Norway stocks lower at close of trade; Oslo OBX down 0.09%

Stock market

Norway stocks were lower after the close on Tuesday, as losses in the Commercial Service And Supplies, Media and Capital Goods sectors led shares lower.

At the close in Oslo, the Oslo OBX fell 0.09%.

The best performers of the session on the Oslo OBX were Fred. Olsen Energy ASA (OL:FOE), which rose 9.58% or 1.2 points to trade at 14.3 at the close. Meanwhile, REC Silicon ASA (OL:REC) added 4.44% or 0.07 points to end at 1.53 and DNO International ASA (OL:DNO) was up 4.29% or 0.39 points to 9.36 in late trade.

The worst performers of the session were Schibsted ASA A (OL:SBSTA), which fell 1.94% or 5.0 points to trade at 253.0 at the close. Storebrand ASA (OL:STB) declined 1.62% or 0.54 points to end at 32.72 and Telenor ASA (OL:TEL) was down 1.31% or 1.9 points to 143.1.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 89 to 82 and 25 ended unchanged.

Crude oil for September delivery was up 1.55% or 0.71 to $46.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.45% or 0.70 to hit $49.05 a barrel, while the December Gold contract rose 0.30% or 4.05 to trade at $1351.55 a troy ounce.

EUR/NOK was up 0.64% to 9.2434, while USD/NOK fell 0.20% to 8.1973.

The US Dollar Index was down 0.84% at 94.78.

Source by Investing.com