2 months ago
Stock Market

Norway stocks higher at close of trade; Oslo OBX up 0.35%

Investing.com – Norway stocks were higher after the close on Wednesday, as gains in the Auto&components, Pharma Biotech&Life Sciences and

Investing.com – Norway stocks were higher after the close on Wednesday, as gains in the Auto&components, Pharma Biotech&Life Sciences and Technology Hardware&Equipment sectors led shares higher.

At the close in Oslo, the Oslo OBX added 0.35%.

The best performers of the session on the Oslo OBX were Petroleum Geo - Services ASA (OL:PGS), which rose 8.04% or 0.95 points to trade at 12.76 at the close. Meanwhile, Nel ASA (OL:NEL) added 7.07% or 0.330 points to end at 4.940 and DNO International ASA (OL:DNO) was up 3.51% or 0.44 points to 12.99 in late trade.

The worst performers of the session were Norwegian Air Shuttle ASA (OL:NWC), which fell 2.08% or 3.60 points to trade at 169.85 at the close. Storebrand ASA (OL:STB) declined 1.95% or 1.20 points to end at 60.44 and Norsk Hydro ASA (OL:NHY) was down 1.94% or 0.76 points to 38.45.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 114 to 74 and 22 ended unchanged.

Shares in Nel ASA (OL:NEL) rose to 3-years highs; up 7.07% or 0.330 to 4.940. Shares in Norsk Hydro ASA (OL:NHY) fell to 52-week lows; down 1.94% or 0.76 to 38.45.

Crude oil for February delivery was up 3.94% or 1.79 to $47.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 3.79% or 2.04 to hit $55.84 a barrel, while the February Gold Futures contract rose 0.51% or 6.50 to trade at $1287.80 a troy ounce.

EUR/NOK was down 0.26% to 9.8771, while USD/NOK rose 0.68% to 8.6983.

The US Dollar Index Futures was up 0.65% at 96.355.