Investing.com – Norway equities were higher at the close on Monday, as gains in the Energy, Telecoms and Auto & components sectors propelled shares higher.
At the close in Oslo, the Oslo OBX rose 1.82% to hit a new 52-week high.
The biggest gainers of the session on the Oslo OBX were Petroleum Geo - Services ASA (OL:PGS), which rose 13.50% or 2.74 points to trade at 23.04 at the close. Seadrill Limited (OL:SDRL) added 7.49% or 1.6 points to end at 22.4 and Aker Solutions OL (OL:AKSOL) was up 3.78% or 1.54 points to 42.26 in late trade.
Biggest losers included REC Silicon ASA (OL:REC), which lost 2.37% or 0.03 points to trade at 1.07 in late trade. Bw Lpg (OL:BWLPG) declined 1.49% or 0.39 points to end at 25.86 and Norwegian Air Shuttle ASA (OL:NWC) shed 0.69% or 1.9 points to 274.5.
Advancing stocks outnumbered falling ones by 133 to 60 and 15 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for November delivery was up 2.95% or 1.47 to $51.28 a barrel. Meanwhile, Brent oil for delivery in December rose 2.45% or 1.27 to hit $53.20 a barrel, while the December Gold contract rose 0.72% or 9.05 to trade at $1260.95 a troy ounce.
EUR/NOK was down 0.60% to 9.0110, while USD/NOK fell 0.15% to 8.0776.
The US Dollar Index was up 0.27% at 96.78.