Investing.com – Norway equities were lower at the close on Monday, as losses in the Telecoms, Food, Beverages & Tobacco and Banking sectors propelled shares lower.
At the close in Oslo, the Oslo OBX fell 0.65%.
The biggest gainers of the session on the Oslo OBX were Golden Ocean Group Ltd (OL:GOGLT), which rose 7.08% or 0.40 points to trade at 6.05 at the close. Fred. Olsen Energy ASA (OL:FOE) added 2.43% or 0.6 points to end at 25.3 and Petroleum Geo - Services ASA (OL:PGS) was up 1.42% or 0.27 points to 19.33 in late trade.
Biggest losers included Akastor ASA (OL:AKAS), which lost 3.54% or 0.3 points to trade at 9.3 in late trade. Marine Harvest ASA (OL:MHG) declined 1.89% or 2.70 points to end at 140.30 and Telenor ASA (OL:TEL) shed 1.83% or 2.6 points to 139.1.
Declining stocks outnumbered rising ones by 86 to 81 and 19 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for August delivery was down 0.27% or 0.13 to $48.86 a barrel. Meanwhile, Brent oil for delivery in September fell 0.36% or 0.18 to hit $50.17 a barrel, while the August Gold contract rose 1.08% or 14.50 to trade at $1353.50 a troy ounce.
EUR/NOK was down 0.33% to 9.2502, while USD/NOK fell 0.44% to 8.2993.
The US Dollar Index was down 0.11% at 95.61.