1 month ago
Stock Market

Norway stocks higher at close of trade; Oslo OBX up 0.07%

Investing.com – Norway stocks were higher after the close on Monday, as gains in the Pharma Biotech&Life Sciences, Capital Goods

Investing.com – Norway stocks were higher after the close on Monday, as gains in the Pharma Biotech&Life Sciences, Capital Goods and Auto&components sectors led shares higher.

At the close in Oslo, the Oslo OBX rose 0.07% to hit a new 1-month high.

The best performers of the session on the Oslo OBX were P/f Bakkafrost (OL:BAKKA), which rose 4.18% or 19.00 points to trade at 473.40 at the close. Meanwhile, Grieg Seafood (OL:GSFO) added 3.04% or 3.50 points to end at 118.60 and BW Offshore Ltd (OL:BWO) was up 2.36% or 1.100 points to 47.700 in late trade.

The worst performers of the session were Norwegian Air Shuttle ASA (OL:NWC), which fell 4.46% or 4.34 points to trade at 93.00 at the close. Nel ASA (OL:NEL) declined 1.77% or 0.100 points to end at 5.265 and TGS-NOPEC Geophysical Company ASA (OL:TGS) was down 1.56% or 4.0 points to 251.6.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 106 to 86 and 26 ended unchanged.

Shares in Norwegian Air Shuttle ASA (OL:NWC) fell to 5-year lows; down 4.46% or 4.34 to 93.00.

Crude oil for April delivery was up 0.88% or 0.49 to $56.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.33% or 0.22 to hit $66.47 a barrel, while the April Gold Futures contract rose 0.15% or 2.00 to trade at $1329.70 a troy ounce.

EUR/NOK was down 0.10% to 9.7332, while USD/NOK fell 0.30% to 8.6066.

The US Dollar Index Futures was down 0.12% at 96.620.