Investing.com – Norway stocks were lower after the close on Tuesday, as losses in the Energy, Banking and Materials sectors led shares lower.
At the close in Oslo, the Oslo OBX fell 3.00%.
The best performers of the session on the Oslo OBX were Akastor ASA (OL:AKAS), which rose 5.38% or 0.4 points to trade at 8.4 at the close. Meanwhile, Opera Software ASA (OL:OPERA) fell 0.08% or 0.05 points to end at 65.95 and Schibsted ASA A (OL:SBSTA) was down 0.09% or 0.2 points to 224.1 in late trade.
The worst performers of the session were Petroleum Geo - Services ASA (OL:PGS), which fell 11.73% or 2.92 points to trade at 21.98 at the close. Seadrill Limited (OL:SDRL) declined 10.11% or 2.9 points to end at 25.5 and Fred. Olsen Energy ASA (OL:FOE) was down 9.38% or 2.7 points to 26.1.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 141 to 34 and 20 ended unchanged.
Shares in Schibsted ASA A (OL:SBSTA) fell to 52-week lows; falling 0.09% or 0.2 to 224.1.
Crude oil for May delivery was down 3.17% or 1.25 to $38.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 2.74% or 1.12 to hit $39.75 a barrel, while the June Gold contract rose 0.56% or 6.90 to trade at $1228.90 a troy ounce.
EUR/NOK was up 0.49% to 9.4794, while USD/NOK rose 0.37% to 8.4643.
The US Dollar Index was down 0.09% at 95.90.