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Norway shares higher at close of trade; Oslo OBX up 0.06%

Published 16/03/2018, 17:05
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.06%
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Investing.com – Norway equities were higher at the close on Friday, as gains in the Banking, Technology Hardware & Equipment and Software & Computer Services sectors propelled shares higher.

At the close in Oslo, the Oslo OBX gained 0.06%.

The biggest gainers of the session on the Oslo OBX were DNO International ASA (OL:DNO), which rose 2.23% or 0.24 points to trade at 10.50 at the close. DnB ASA (OL:DNB) added 1.70% or 2.7 points to end at 158.7 and Subsea 7 SA (OL:SUBC) was up 1.54% or 1.7 points to 112.2 in late trade.

Biggest losers included Petroleum Geo - Services ASA (OL:PGS), which lost 5.19% or 1.28 points to trade at 23.37 in late trade. BW LPG Ltd (OL:BWLPG) declined 2.33% or 0.85 points to end at 35.70 and Leroy Seafood Group ASA (OL:LSG) shed 2.24% or 1.1 points to 47.7.

Declining stocks outnumbered rising ones by 117 to 60 and 28 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for April delivery was up 1.72% or 1.05 to $62.24 a barrel. Meanwhile, Brent oil for delivery in May rose 1.40% or 0.91 to hit $66.03 a barrel, while the April Gold Futures contract fell 0.37% or 4.90 to trade at $1312.90 a troy ounce.

EUR/NOK was down 0.12% to 9.4805, while USD/NOK rose 0.04% to 7.7172.

The US Dollar Index Futures was up 0.10% at 90.23.

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