Norway shares higher at close of trade; Oslo OBX up 0.51%

Source Investing

Investing.com – Norway equities were higher at the close on Friday, 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 added 0.51%.

The biggest gainers of the session on the Oslo OBX were Norsk Hydro ASA (OL:NHY), which rose 2.91% or 1.98 points to trade at 70.12 at the close. Gjensidige Forsikring ASA (OL:GJFG) added 2.80% or 5.40 points to end at 198.60 and Subsea 7 SA (OL:SUBC) was up 2.52% or 4.60 points to 187.00 in late trade.

Biggest losers included Nel ASA (OL:NEL), which lost 4.19% or 0.18 points to trade at 4.02 in late trade. Nordic Semiconductor ASA (OL:NOD) declined 2.72% or 2.70 points to end at 96.62 and Frontline Ltd (OL:FRO) shed 2.48% or 6.60 points to 259.20.

Advancing stocks outnumbered falling ones by 145 to 131 and 29 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.22% or 0.17 to $76.02 a barrel. Meanwhile, Brent oil for delivery in December rose 0.10% or 0.08 to hit $79.48 a barrel, while the December Gold Futures contract rose 1.19% or 31.50 to trade at $2,670.80 a troy ounce.

EUR/NOK was down 0.61% to 11.72, while USD/NOK fell 0.10% to 10.71.

The US Dollar Index Futures was down 0.09% at 102.68.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Hurricane Isaias has shut in a quarter of Gulf oil output — can WTI clear $92 before Thursday's EIA report?WTI trades at $90.80 after rebounding roughly 3% from Wednesday's $87.96 low as Hurricane Isaias — the Atlantic season's first — forces producers to shut in about 25% of US Gulf of Mexico output. Brent holds at $103.41. The first official read on the disruption arrives with the EIA weekly petroleum report on Thursday 15 October — here are the key levels and both scenarios.
Author  Irene Q.
Oct 09, Fri
WTI trades at $90.80 after rebounding roughly 3% from Wednesday's $87.96 low as Hurricane Isaias — the Atlantic season's first — forces producers to shut in about 25% of US Gulf of Mexico output. Brent holds at $103.41. The first official read on the disruption arrives with the EIA weekly petroleum report on Thursday 15 October — here are the key levels and both scenarios.
placeholder
US September CPI preview: inflation set to hit 3.7% — will the Fed hike in December?US September CPI lands Wednesday with headline inflation seen at 3.7% y/y and core at 0.2% m/m. December hike odds sit near 70% — here are the scenarios, the calendar and the key levels.
Author  Irene Q.
Oct 10, Sat
US September CPI lands Wednesday with headline inflation seen at 3.7% y/y and core at 0.2% m/m. December hike odds sit near 70% — here are the scenarios, the calendar and the key levels.
placeholder
Gold posts first weekly gain in three weeks — can $4,200 hold through CPI?Spot gold closed at $4,194.645, up 1.47% — its first weekly gain in three weeks — and COMEX futures settled back above $4,200 at $4,220.30. Here are the drivers, the levels and the scenarios into Wednesday's CPI.
Author  Irene Q.
Oct 10, Sat
Spot gold closed at $4,194.645, up 1.47% — its first weekly gain in three weeks — and COMEX futures settled back above $4,200 at $4,220.30. Here are the drivers, the levels and the scenarios into Wednesday's CPI.
placeholder
Brent swings $105.63 to $102.33 as Gulf risk meets an 'energy ceasefire' — can $100 hold into CPI?Brent spiked to $105.63 in Asian trade on fresh Middle East supply incidents, then reversed to $102.33 after the US announced a Russia-Ukraine 'energy ceasefire' and 300,000+ tonnes of Russian diesel headed to global markets; WTI fell through $90. Here are the drivers, the levels and the scenarios into Wednesday's US CPI.
Author  Irene Q.
18 hours ago
Brent spiked to $105.63 in Asian trade on fresh Middle East supply incidents, then reversed to $102.33 after the US announced a Russia-Ukraine 'energy ceasefire' and 300,000+ tonnes of Russian diesel headed to global markets; WTI fell through $90. Here are the drivers, the levels and the scenarios into Wednesday's US CPI.
placeholder
Bank earnings kick off tomorrow with the S&P 500 seven points from a record — what JPMorgan, Goldman, Citi and Wells Fargo must proveQ3 earnings season starts Tuesday with JPMorgan, Goldman Sachs, Citigroup and Wells Fargo reporting before the open — with the S&P 500 just 7 points from its record close, bank stocks down 7.5% over the past month, and September CPI landing the next day. Here are the numbers to watch, the two-sided setup and the levels that matter.
Author  Irene Q.
18 hours ago
Q3 earnings season starts Tuesday with JPMorgan, Goldman Sachs, Citigroup and Wells Fargo reporting before the open — with the S&P 500 just 7 points from its record close, bank stocks down 7.5% over the past month, and September CPI landing the next day. Here are the numbers to watch, the two-sided setup and the levels that matter.
goTop
quote