Norway shares higher at close of trade; Oslo OBX up 0.32%

Source Investing

Investing.com – Norway equities were higher at the close on Wednesday, as gains in the Healthcare Equipment&Services, Pharma Biotech&Life Sciences and Utilities sectors propelled shares higher.

At the close in Oslo, the Oslo OBX rose 0.32%.

The biggest gainers of the session on the Oslo OBX were Orkla ASA (OL:ORK), which rose 2.83% or 2.80 points to trade at 101.90 at the close. Nordic Semiconductor ASA (OL:NOD) added 2.68% or 2.60 points to end at 99.60 and SalMar ASA (OL:SALM) was up 2.65% or 14.50 points to 562.50 in late trade.

Biggest losers included Golden Ocean Group Ltd (OL:GOGL), which lost 1.76% or 2.35 points to trade at 131.55 in late trade. Var Energi ASA (OL:VAR) declined 1.75% or 0.62 points to end at 34.71 and Frontline Ltd (OL:FRO) shed 1.40% or 3.70 points to 261.00.

Advancing stocks outnumbered falling ones by 163 to 113 and 29 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was down 1.45% or 1.07 to $72.50 a barrel. Meanwhile, Brent oil for delivery in December fell 1.53% or 1.18 to hit $76.00 a barrel, while the December Gold Futures contract fell 0.27% or 7.10 to trade at $2,628.30 a troy ounce.

EUR/NOK was up 0.47% to 11.81, while USD/NOK rose 0.92% to 10.79.

The US Dollar Index Futures was up 0.27% at 102.58.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Crude Oil Price Forecast: Can Brent Hold $100 Amid Hawkish Fed Rate Hikes and Easing Supply Concerns? International oil prices continued to fall after the Federal Reserve resumed rate hikes in September. On Wednesday, WTI crude dropped 3.28% to settle at $102.02 per barrel; Brent crude fe
Author  TradingKey
12 hours ago
International oil prices continued to fall after the Federal Reserve resumed rate hikes in September. On Wednesday, WTI crude dropped 3.28% to settle at $102.02 per barrel; Brent crude fe
placeholder
Dow drops 631 points as the Fed hikes — but futures are rebounding: what's next for US stocks?The Dow fell 631 points and the S&P 500 closed below 7,600 after the Fed hiked rates for the first time since 2023, with the dot plot showing 16 of 18 officials expect more tightening. Asia-session futures are already recovering — here are the levels and analyst views that decide whether 7,500 holds.
Author  Irene Q.
19 hours ago
The Dow fell 631 points and the S&P 500 closed below 7,600 after the Fed hiked rates for the first time since 2023, with the dot plot showing 16 of 18 officials expect more tightening. Asia-session futures are already recovering — here are the levels and analyst views that decide whether 7,500 holds.
placeholder
Dollar index tops 100 for the first time since July as the Fed's hawkish dot plot sinks inThe U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.
Author  Irene Q.
19 hours ago
The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.
placeholder
TradingKey Daily Market Briefing: Fed Raises Rates by 25 Bps, May Hike Again This Year; Gold Tumbles as Intel Rises 4%On September 16, Eastern Time, US stocks rose before pulling back following the Federal Reserve's rate decision announcement for September. The Fed unanimously decid
Author  TradingKey
20 hours ago
On September 16, Eastern Time, US stocks rose before pulling back following the Federal Reserve's rate decision announcement for September. The Fed unanimously decid
placeholder
September Fed Rate Decision Preview: Is a Rate Hike a Foregone Conclusion? US Stocks, Dollar, and Gold Face a Critical TestThe Federal Reserve will announce its September interest rate decision at 2:00 p.m. ET on Wednesday (September 16), followed by a press conference held by Fed Chair Kevin Warsh at 2:30 p.
Author  TradingKey
Yesterday 10: 14
The Federal Reserve will announce its September interest rate decision at 2:00 p.m. ET on Wednesday (September 16), followed by a press conference held by Fed Chair Kevin Warsh at 2:30 p.
goTop
quote