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Norway shares higher at close of trade; Oslo OBX up 0.14%

Published 24/04/2018, 17:05
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.14%
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Investing.com – Norway equities were higher at the close on Tuesday, as gains in the Commercial Service And Supplies, Energy and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Oslo, the Oslo OBX gained 0.14% to hit a new all time high.

The biggest gainers of the session on the Oslo OBX were DNO International ASA (OL:DNO), which rose 5.60% or 0.85 points to trade at 15.95 at the close. Aker BP ASA (OL:AKERBP) added 3.33% or 8.40 points to end at 261.00 and Questerre Energy Corporation (OL:QEC) was up 3.26% or 0.19 points to 5.86 in late trade.

Biggest losers included BW LPG Ltd (OL:BWLPG), which lost 9.36% or 2.91 points to trade at 28.19 in late trade. Telenor ASA (OL:TEL) declined 4.22% or 7.6 points to end at 175.1 and Norwegian Air Shuttle ASA (OL:NWC) shed 2.63% or 7.40 points to 273.90.

Declining stocks outnumbered rising ones by 99 to 83 and 25 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.09% or 0.06 to $68.58 a barrel. Meanwhile, Brent oil for delivery in June rose 0.15% or 0.11 to hit $74.82 a barrel, while the June Gold Futures contract rose 0.50% or 6.60 to trade at $1330.60 a troy ounce.

EUR/NOK was up 0.41% to 9.6626, while USD/NOK rose 0.27% to 7.9040.

The US Dollar Index Futures was down 0.07% at 90.63.

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