Investing.com – Norway equities were higher at the close on Tuesday, as gains in the Telecoms, Auto & components and Media sectors propelled shares higher.
At the close in Oslo, the Oslo OBX added 0.30%.
The biggest gainers of the session on the Oslo OBX were Fred. Olsen Energy ASA (OL:FOE), which rose 9.55% or 3.0 points to trade at 34.4 at the close. Subsea 7 SA (OL:SUBC) added 1.95% or 1.4 points to end at 76.0 and Telenor ASA (OL:TEL) was up 1.54% or 2.1 points to 138.7 in late trade.
Biggest losers included Bw Lpg (OL:BWLPG), which lost 3.98% or 1.91 points to trade at 46.05 in late trade. Petroleum Geo - Services ASA (OL:PGS) declined 3.00% or 0.65 points to end at 21.00 and Golden Ocean Group Ltd (OL:GOGLT) shed 2.45% or 0.14 points to 5.58.
Declining stocks outnumbered rising ones by 96 to 71 and 20 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for June delivery was up 2.16% or 0.94 to $44.38 a barrel. Meanwhile, Brent oil for delivery in July rose 3.48% or 1.52 to hit $45.15 a barrel, while the June Gold contract fell 0.45% or 5.65 to trade at $1260.95 a troy ounce.
EUR/NOK was down 0.19% to 9.3450, while USD/NOK fell 0.21% to 8.2076.
The US Dollar Index was up 0.03% at 94.17.