Investing.com – Norway equities were lower at the close on Thursday, as losses in the Diversified Financials, Media and Energy sectors propelled shares lower.
At the close in Oslo, the Oslo OBX fell 1.75% to hit a new 1-month low.
The biggest gainers 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. 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.
Biggest losers included Petroleum Geo - Services ASA (OL:PGS), which lost 5.54% or 0.87 points to trade at 14.83 in late trade. Subsea 7 SA (OL:SUBC) declined 5.18% or 6.1 points to end at 129.2 and Aker BP ASA (OL:AKERBP) shed 4.71% or 6.30 points to 127.40.
Declining stocks outnumbered rising ones by 119 to 57 and 21 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for July delivery was down 0.40% or 0.18 to $44.55 a barrel. Meanwhile, Brent oil for delivery in August fell 0.13% or 0.06 to hit $46.94 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 0.97% to 8.5048.
The US Dollar Index Futures was up 0.58% at 97.47.