Oslo shares close lower, tracking major markets; Norsk Hydro deal limits falls |
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Fri, 25 May 2007 15:49
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OSLO (Thomson Financial) - Share prices closed lower, tracking other major European markets following yesterday's sell off in the US after stronger-than-expected new homes sales data, although falls were limited as investors took heart from a 600 mln usd extension to a key rig contract by Norsk Hydro ASA, dealers said.The OSEBX Benchmark index closed down 0.95 pct at 492.01, while the OSEAX All Share index lost 0.94 pct to finish at 559.53.Total turnover amounted to 10.45 bln nkr.alastair.reed@thomson.comar/bsdCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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Norsk Hydro says Q1 EBITDA falls at renamed polymers unit, Kerling ASA 