Investing.com – Norway equities were higher at the close on Monday, as gains in the Energy, Auto & components and Banking sectors propelled shares higher.
At the close in Oslo, the Oslo OBX gained 0.61% to hit a new all time high.
The biggest gainers of the session on the Oslo OBX were Seadrill Limited (OL:SDRL), which rose 5.78% or 1.9 points to trade at 34.4 at the close. Petroleum Geo - Services ASA (OL:PGS) added 5.08% or 1.50 points to end at 31.05 and Aker BP ASA (OL:AKERBP) was up 4.25% or 6.00 points to 147.30 in late trade.
Biggest losers included Frontline Ltd (OL:FRO), which lost 4.55% or 3.00 points to trade at 62.90 in late trade. Schibsted ASA B (OL:SBSTB) declined 2.32% or 3.90 points to end at 164.20 and REC Silicon ASA (OL:REC) shed 1.99% or 0.02 points to 1.13.
Declining stocks outnumbered rising ones by 94 to 91 and 19 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for January delivery was up 3.09% or 1.59 to $53.09 a barrel. Meanwhile, Brent oil for delivery in February rose 3.04% or 1.65 to hit $55.98 a barrel, while the February Gold contract rose 0.21% or 2.45 to trade at $1164.35 a troy ounce.
EUR/NOK was down 0.16% to 8.9705, while USD/NOK fell 0.59% to 8.4558.
The US Dollar Index was down 0.38% at 101.21.