3 months ago
Stock Market

Norway stocks higher at close of trade; Oslo OBX up 1.90%

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

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

At the close in Oslo, the Oslo OBX gained 1.90%.

The best performers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NWC), which rose 5.61% or 11.50 points to trade at 216.60 at the close. Meanwhile, REC Silicon ASA (OL:REC) added 5.41% or 0.03 points to end at 0.61 and Subsea 7 SA (OL:SUBC) was up 5.39% or 4.6 points to 90.8 in late trade.

The worst performers of the session were P/f Bakkafrost (OL:BAKKA), which fell 2.04% or 8.80 points to trade at 423.60 at the close. Grieg Seafood (OL:GSFO) declined 1.79% or 2.00 points to end at 110.00 and Leroy Seafood Group ASA (OL:LSG) was down 1.52% or 1.1 points to 71.4.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 123 to 55 and 25 ended unchanged.

Crude oil for January delivery was up 2.54% or 1.28 to $51.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.76% or 1.63 to hit $60.67 a barrel, while the February Gold Futures contract fell 0.06% or 0.70 to trade at $1228.40 a troy ounce.

EUR/NOK was down 0.10% to 9.7367, while USD/NOK fell 0.07% to 8.5893.

The US Dollar Index Futures was up 0.11% at 96.933.