Investing.com – Norway equities were higher at the close on Tuesday, as gains in the Banking, Telecoms and Media sectors propelled shares higher.
At the close in Oslo, the Oslo OBX gained 1.08% to hit a new 1-month high.
The biggest gainers of the session on the Oslo OBX were REC Silicon ASA (OL:REC), which rose 5.98% or 0.06 points to trade at 1.13 at the close. DnB ASA (OL:DNB) added 4.40% or 5.9 points to end at 140.0 and P/f Bakkafrost (OL:BAKKA) was up 3.64% or 10.60 points to 301.60 in late trade.
Biggest losers included Seadrill Limited (OL:SDRL), which lost 9.60% or 0.57 points to trade at 5.32 in late trade. Norwegian Air Shuttle ASA (OL:NWC) declined 3.78% or 9.2 points to end at 234.5 and Subsea 7 SA (OL:SUBC) shed 2.11% or 3.0 points to 139.0.
Declining stocks outnumbered rising ones by 88 to 83 and 32 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for June delivery was down 0.94% or 0.46 to $48.38 a barrel. Meanwhile, Brent oil for delivery in July fell 0.83% or 0.43 to hit $51.09 a barrel, while the June Gold Futures contract rose 0.08% or 1.06 to trade at $1256.56 a troy ounce.
EUR/NOK was up 0.11% to 9.3782, while USD/NOK rose 0.03% to 8.5975.
The US Dollar Index Futures was down 0.01% at 98.97.