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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.

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