Norway stocks lower at close of trade; Oslo OBX down 2.54%

Investing.com – Norway stocks were lower after the close on Thursday, as losses in the Pharma Biotech&Life Sciences, Technology Hardware&Equipment and Transport sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 2.54% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were SalMar ASA (OL:SALM), which fell 0.43% or 1.80 points to trade at 417.20 at the close. Meanwhile, Grieg Seafood (OL:GSFO) fell 0.60% or 0.70 points to end at 116.00 and Marine Harvest ASA (OL:MHG) was down 0.97% or 1.80 points to 184.50 in late trade.

The worst performers of the session were DNO International ASA (OL:DNO), which fell 5.85% or 0.96 points to trade at 15.45 at the close. REC Silicon ASA (OL:REC) declined 5.16% or 0.03 points to end at 0.54 and Petroleum Geo – Services ASA (OL:PGS) was down 5.12% or 1.78 points to 32.96.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 181 to 18 and 14 ended unchanged.

Shares in REC Silicon ASA (OL:REC) fell to all time lows; down 5.16% or 0.03 to 0.54.

Crude oil for November delivery was down 2.17% or 1.59 to $71.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 2.25% or 1.87 to hit $81.22 a barrel, while the December Gold Futures contract rose 2.55% or 30.40 to trade at $1223.80 a troy ounce.

EUR/NOK was up 0.26% to 9.5124, while USD/NOK fell 0.19% to 8.2197.

The US Dollar Index Futures was down 0.36% at 94.88.