Investing.com – Norway stocks were lower after the close on Thursday, as losses in the Diversified Financials, Media and Energy sectors led shares lower.
At the close in Oslo, the Oslo OBX fell 1.75% to hit a new 1-month low.
The best performers of the session on the Oslo OBX were Frontline Ltd (OL:FRO), which rose 2.46% or 1.12 points to trade at 46.60 at the close. Meanwhile, Seadrill Limited (OL:SDRL) added 1.69% or 0.06 points to end at 3.60 and Grieg Seafood (OL:GSFO) was up 0.67% or 0.40 points to 59.75 in late trade.
The worst performers of the session were Petroleum Geo - Services ASA (OL:PGS), which fell 5.54% or 0.87 points to trade at 14.83 at the close. Subsea 7 SA (OL:SUBC) declined 5.18% or 6.1 points to end at 129.2 and Aker BP ASA (OL:AKERBP) was down 4.71% or 6.30 points to 127.40.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 119 to 57 and 21 ended unchanged.
Shares in Petroleum Geo - Services ASA (OL:PGS) fell to 5-year lows; losing 5.54% or 0.87 to 14.83.
Crude oil for July delivery was down 0.45% or 0.20 to $44.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.15% or 0.07 to hit $46.93 a barrel, while the August Gold Futures contract fell 1.57% or 19.99 to trade at $1255.91 a troy ounce.
EUR/NOK was up 0.33% to 9.4801, while USD/NOK rose 0.98% to 8.5053.
The US Dollar Index Futures was up 0.58% at 97.47.