Investing.com – Norway equities were lower at the close on Wednesday, as losses in the Hotels, Restaurants & Leisure, Diversified Financials and Capital Goods sectors propelled shares lower.
At the close in Oslo, the Oslo OBX fell 1.03% to hit a new 3-month low.
The biggest gainers of the session on the Oslo OBX were Aker Solutions OL (OSLO:AKSOL), which rose 3.63% or 1.12 points to trade at 31.94 at the close. Fred. Olsen Energy ASA (OSLO:FOE) added 2.98% or 1.1 points to end at 38.0 and Petroleum Geo - Services ASA (OSLO:PGS) was up 2.97% or 1.10 points to 38.10 in late trade.
Biggest losers included Golden Ocean Group Ltd (OSLO:GOGLT), which lost 6.98% or 2.20 points to trade at 29.30 in late trade. Norsk Hydro ASA (OSLO:NHY) declined 4.84% or 1.50 points to end at 29.52 and Schibsted ASA A (OSLO:SBSTA) shed 3.10% or 8.6 points to 268.6.
Declining stocks outnumbered rising ones by 119 to 51 and 7 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for September delivery was down 0.12% or 0.05 to $43.03 a barrel. Meanwhile, Brent oil for delivery in October rose 0.10% or 0.05 to hit $49.76 a barrel, while the December Gold contract rose 1.39% or 15.40 to trade at $1123.10 a troy ounce.
EUR/NOK was down 0.39% to 9.1067, while USD/NOK fell 1.81% to 8.1290.
The US Dollar Index was down 1.24% at 96.03.