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Norway stocks lower at close of trade; Oslo OBX down 0.84%

Norway stocks lower at close of trade; Oslo OBX down 0.84%

OSLO: Norway stocks were lower after the close on Friday, as losses in the Transport, Consumer Durables And Apparel and Energy sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 0.84%.

The best performers of the session on the Oslo OBX were REC Silicon ASA (OL:REC), which rose 4.30% or 0.05 points to trade at 1.17 at the close. Meanwhile, Grieg Seafood (OL:GSFO) added 1.89% or 1.10 points to end at 59.35 and Leroy Seafood Group ASA (OL:LSG) was up 1.34% or 0.6 points to 45.4 in late trade.

The worst performers of the session were Aker Solutions OL (OL:AKSOL), which fell 6.53% or 2.53 points to trade at 36.21 at the close. Golden Ocean Group Ltd (OL:GOGLT) declined 5.11% or 2.70 points to end at 50.10 and Petroleum Geo – Services ASA (OL:PGS) was down 5.08% or 0.82 points to 15.32.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 97 to 68 and 32 ended unchanged.

Crude oil for August delivery was down 2.90% or 1.32 to $44.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.93% or 1.41 to hit $46.70 a barrel, while the August Gold Futures contract fell 1.06% or 12.96 to trade at $1210.34 a troy ounce.

EUR/NOK was up 0.01% to 9.5400, while USD/NOK rose 0.22% to 8.3697.

The US Dollar Index Futures was up 0.25% at 95.82.