Investing.com – Norway stocks were lower after the close on Wednesday, as losses in the Insurance, Materials and Auto & components sectors led shares lower.
At the close in Oslo, the Oslo OBX fell 1.83%.
The best performers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OSLO:NWC), which rose 10.50% or 29.5 points to trade at 310.5 at the close. Meanwhile, Telenor ASA (OSLO:TEL) fell 0.29% or 0.5 points to end at 170.9 and Petroleum Geo - Services ASA (OSLO:PGS) was down 0.71% or 0.32 points to 44.62 in late trade.
The worst performers of the session were Storebrand ASA (OSLO:STB), which fell 11.33% or 3.40 points to trade at 26.60 at the close. Norsk Hydro ASA (OSLO:NHY) declined 7.45% or 2.95 points to end at 36.50 and DNO International ASA (OSLO:DNO) was down 6.47% or 0.90 points to 13.00.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 146 to 41 and 3 ended unchanged.
Crude oil for June delivery was up 2.80% or 1.60 to $58.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 2.20% or 1.43 to hit $66.06 a barrel, while the June Gold contract fell 0.32% or 3.90 to trade at $1210.00 a troy ounce.
EUR/NOK was down 0.49% to 8.3477, while USD/NOK fell 2.21% to 7.4717.
The US Dollar Index was down 1.37% at 94.87.