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Thursday, July 18, 2019

Norway stocks lower at close of trade; Oslo OBX down 0.58%

© Reuters.  Norway stocks lower at close of trade; Oslo OBX down 0.58%© Reuters. Norway stocks lower at close of trade; Oslo OBX down 0.58%

Investing.com – Norway stocks were lower after the close on Thursday, as losses in the Diversified Financials, Commercial Service And Supplies and Capital Goods sectors led shares lower.

At the close in Oslo, the Oslo OBX declined 0.58% to hit a new 1-month low.

The best performers of the session on the Oslo OBX were Petroleum Geo - Services ASA (OL:PGS), which rose 3.59% or 0.41 points to trade at 11.82 at the close. Meanwhile, Yara International ASA (OL:YAR) added 1.68% or 6.9 points to end at 416.5 and Telenor ASA (OL:TEL) was up 1.43% or 2.5 points to 177.4 in late trade.

The worst performers of the session were BW Offshore Ltd (OL:BWO), which fell 6.50% or 3.360 points to trade at 48.340 at the close. Nel ASA (OL:NEL) declined 6.12% or 0.430 points to end at 6.515 and Aker ASA (OL:AKER) was down 6.03% or 31.0 points to 483.0.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 142 to 64 and 30 ended unchanged.

Shares in Yara International ASA (OL:YAR) rose to 3-years highs; rising 1.68% or 6.9 to 416.5.

Crude oil for August delivery was down 2.92% or 1.66 to $55.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.87% or 1.83 to hit $61.83 a barrel, while the August Gold Futures contract rose 0.28% or 4.05 to trade at $1427.35 a troy ounce.

EUR/NOK was down 0.00% to 9.6391, while USD/NOK fell 0.01% to 8.5882.

The US Dollar Index Futures was down 0.01% at 96.840.

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