Investing.com – Norway stocks were lower after the close on Monday, as losses in the Diversified Financials, Pharma Biotech & Life Sciences and Materials sectors led shares lower.
At the close in Oslo, the Oslo OBX declined 2.02% to hit a new 3-months low.
The best performers of the session on the Oslo OBX were Gjensidige Forsikring ASA (OL:GJFS), which fell 0.45% or 0.6 points to trade at 132.2 at the close. Meanwhile, Orkla ASA (OL:ORK) fell 0.52% or 0.40 points to end at 76.05 and Schibsted ASA A (OL:SBSTA) was down 0.59% or 1.3 points to 217.9 in late trade.
The worst performers of the session were REC Silicon ASA (OL:REC), which fell 5.74% or 0.07 points to trade at 1.07 at the close. Seadrill Limited (OL:SDRL) declined 5.17% or 0.63 points to end at 11.56 and Aker BP ASA (OL:AKERBP) was down 5.05% or 7.10 points to 133.60.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 160 to 22 and 17 ended unchanged.
Crude oil for May delivery was down 0.42% or 0.20 to $47.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.12% or 0.06 to hit $50.98 a barrel, while the April Gold Futures contract rose 0.45% or 5.65 to trade at $1254.15 a troy ounce.
EUR/NOK was up 0.49% to 9.2163, while USD/NOK fell 0.23% to 8.4725.
The US Dollar Index Futures was down 0.68% at 98.91.