Norway stocks lower at close of trade; Oslo OBX down 0.01%

Aug 03, 2018

Norway stocks were lower after the close on Friday, as losses in the Food, Beverages&Tobacco, Utilities and Technology Hardware&Equipment sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 0.01%.

The best performers of the session on the Oslo OBX were Norsk Hydro ASA (OL:NHY), which rose 2.06% or 0.93 points to trade at 46.06 at the close. Meanwhile, Yara International ASA (OL:YAR) added 1.65% or 5.9 points to end at 365.0 and Golden Ocean Group Ltd (OL:GOGLT) was up 1.53% or 1.15 points to 76.45 in late trade.

The worst performers of the session were P/f Bakkafrost (OL:BAKKA), which fell 4.70% or 24.30 points to trade at 493.20 at the close. Grieg Seafood (OL:GSFO) declined 4.61% or 4.60 points to end at 95.20 and Leroy Seafood Group ASA (OL:LSG) was down 4.27% or 2.8 points to 61.9.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 91 to 87 and 23 ended unchanged.

Shares in Golden Ocean Group Ltd (OL:GOGLT) rose to 52-week highs; rising 1.53% or 1.15 to 76.45.

Crude oil for September delivery was down 0.51% or 0.35 to $68.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.19% or 0.14 to hit $73.31 a barrel, while the December Gold Futures contract rose 0.15% or 1.80 to trade at $1221.90 a troy ounce.

EUR/NOK was down 0.00% to 9.5480, while USD/NOK rose 0.16% to 8.2544.

The US Dollar Index Futures was up 0.03% at 95.03.