Investing.com – Norway equities were higher at the close on Thursday, as gains in the Materials, Telecoms and Utilities sectors propelled shares higher.
At the close in Oslo, the Oslo OBX rose 0.82% to hit a new 1-month high.
The biggest gainers of the session on the Oslo OBX were Frontline Ltd (OL:FRO), which rose 3.01% or 1.75 points to trade at 59.95 at the close. Aker Solutions OL (OL:AKSOL) added 2.84% or 1.50 points to end at 54.25 and Norsk Hydro ASA (OL:NHY) was up 2.58% or 1.30 points to 51.60 in late trade.
Biggest losers included DNO International ASA (OL:DNO), which lost 2.15% or 0.16 points to trade at 7.27 in late trade. Petroleum Geo - Services ASA (OL:PGS) declined 1.90% or 0.44 points to end at 25.00 and SalMar ASA (OL:SALM) shed 0.81% or 1.70 points to 208.50.
Advancing stocks outnumbered falling ones by 98 to 72 and 30 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for April delivery was down 0.25% or 0.12 to $48.74 a barrel. Meanwhile, Brent oil for delivery in May fell 0.14% or 0.07 to hit $51.74 a barrel, while the April Gold Futures contract rose 2.32% or 27.85 to trade at $1228.55 a troy ounce.
EUR/NOK was up 0.11% to 9.1302, while USD/NOK rose 0.09% to 8.5046.
The US Dollar Index Futures was down 0.16% at 100.20.