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

Published 08/01/2018, 17:05
Updated 08/01/2018, 17:05
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.14%

Investing.com – Norway equities were higher at the close on Monday, as gains in the Pharma Biotech & Life Sciences, Commercial Service And Supplies and Technology Hardware & Equipment sectors propelled shares higher.

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

The biggest gainers of the session on the Oslo OBX were Golden Ocean Group Ltd (OL:GOGLT), which rose 3.36% or 2.40 points to trade at 74.24 at the close. DNO International ASA (OL:DNO) added 3.15% or 0.31 points to end at 10.15 and Yara International ASA (OL:YAR) was up 2.13% or 8.2 points to 393.6 in late trade.

Biggest losers included P/f Bakkafrost (OL:BAKKA), which lost 3.82% or 13.00 points to trade at 327.60 in late trade. Leroy Seafood Group ASA (OL:LSG) declined 3.68% or 1.6 points to end at 41.9 and SalMar ASA (OL:SALM) shed 3.51% or 8.60 points to 236.40.

Advancing stocks outnumbered falling ones by 104 to 86 and 21 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.15% or 0.09 to $61.53 a barrel. Meanwhile, Brent oil for delivery in March rose 0.10% or 0.07 to hit $67.69 a barrel, while the February Gold Futures contract fell 0.33% or 4.40 to trade at $1317.90 a troy ounce.

EUR/NOK was down 0.23% to 9.6647, while USD/NOK rose 0.23% to 8.0712.

The US Dollar Index Futures was up 0.33% at 92.05.

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