Norway shares lower at close of trade; Oslo OBX down 0.52%

Investing.com – Norway equities were lower at the close on Wednesday, as losses in the Media, Transport and Diversified Financials sectors propelled shares lower.

At the close in Oslo, the Oslo OBX declined 0.52%.

The biggest gainers of the session on the Oslo OBX were Hoegh Autoliners ASA (OL:HAUTO), which rose 2.73% or 3.80 points to trade at 142.80 at the close. Tomra Systems ASA (OL:TOM) added 2.44% or 3.70 points to end at 155.60 and Kongsberg Gruppen ASA (OL:KOG) was up 2.24% or 23.00 points to 1,051.00 in late trade.

Biggest losers included Frontline Ltd (OL:FRO), which lost 3.40% or 8.00 points to trade at 227.20 in late trade. Subsea 7 SA (OL:SUBC) declined 3.25% or 6.10 points to end at 181.80 and Hafnia Ltd (OL:HAFNI) shed 2.89% or 2.25 points to 75.70.

Declining stocks outnumbered rising ones by 157 to 115 and 32 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was down 1.17% or 0.84 to $70.72 a barrel. Meanwhile, Brent oil for delivery in December fell 0.86% or 0.64 to hit $73.83 a barrel, while the December Gold Futures contract rose 0.19% or 5.00 to trade at $2,682.00 a troy ounce.

EUR/NOK was up 1.01% to 11.75, while USD/NOK rose 1.11% to 10.51.

The US Dollar Index Futures was up 0.14% at 100.30.