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
Bitcoin Hits $97K Despite Elevated PPI and Lack of US Tariff DecisionDespite higher-than-expected Producer Price Index (PPI) inflation data for November, Bitcoin surged to new eight-week highs, diverging from US stock markets.
Author  Mitrade
12 hours ago
Despite higher-than-expected Producer Price Index (PPI) inflation data for November, Bitcoin surged to new eight-week highs, diverging from US stock markets.
placeholder
Standard Chartered lifts Ethereum call to $7,500, arguing institutional demand could leave Bitcoin trailingStandard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
Author  Mitrade
15 hours ago
Standard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
placeholder
Silver Price Forecast: XAG/USD corrects to near $86.50 as Iran stops killing protestersSilver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday.
Author  FXStreet
16 hours ago
Silver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday.
placeholder
Bitcoin shows strong correlation with institutional demand following 7% uptickBitcoin's price has largely tracked net institutional demand over the past year, according to Bitwise. Net institutional demand is the buying activity of global exchange-traded products (ETPs) and treasury companies minus new supply.
Author  FXStreet
20 hours ago
Bitcoin's price has largely tracked net institutional demand over the past year, according to Bitwise. Net institutional demand is the buying activity of global exchange-traded products (ETPs) and treasury companies minus new supply.
placeholder
US Dollar Index steadies above 99.00 ahead of Retail Sales, PPI dataThe US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous session. The DXY hovers around 99.10 during the Asian hours on Wednesday.
Author  FXStreet
Yesterday 10: 19
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous session. The DXY hovers around 99.10 during the Asian hours on Wednesday.
goTop
quote