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Norway stocks lower at close of trade; Oslo OBX down 0.65%

Published 11/09/2018, 12:05 PM
Updated 11/09/2018, 12:05 PM – Norway stocks were lower after the close on Friday, as losses in the Diversified Financials, Energy and Pharma Biotech & Life Sciences sectors led shares lower.

At the close in Oslo, the Oslo OBX lost 0.65%.

The best performers of the session on the Oslo OBX were SalMar ASA (OL:SALM), which rose 10.89% or 49.60 points to trade at 505.00 at the close. Meanwhile, Grieg Seafood (OL:GSFO) added 4.07% or 5.00 points to end at 127.90 and Leroy Seafood Group ASA (OL:LSG) was up 2.99% or 2.3 points to 79.8 in late trade.

The worst performers of the session were Petroleum Geo - Services ASA (OL:PGS), which fell 5.35% or 1.28 points to trade at 22.66 at the close. Aker ASA (OL:AKER) declined 4.93% or 30.0 points to end at 600.0 and Aker BP ASA (OL:AKERBP) was down 4.36% or 11.40 points to 250.00.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 126 to 61 and 18 ended unchanged.

Shares in SalMar ASA (OL:SALM) rose to all time highs; up 10.89% or 49.60 to 505.00. Shares in Leroy Seafood Group ASA (OL:LSG) rose to 3-years highs; gaining 2.99% or 2.3 to 79.8.

Crude oil for December delivery was down 1.12% or 0.68 to $59.99 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.00% or 0.71 to hit $69.94 a barrel, while the December Gold Futures contract fell 1.46% or 17.90 to trade at $1208.30 a troy ounce.

EUR/NOK was up 0.43% to 9.5591, while USD/NOK rose 0.81% to 8.4452.

The US Dollar Index Futures was up 0.29% at 96.83.

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