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Norway shares higher at close of trade; Oslo OBX up 0.32%

Published 30/08/2024, 15:55
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.32%
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Investing.com – Norway equities were higher at the close on Friday, as gains in the Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities sectors propelled shares higher.

At the close in Oslo, the Oslo OBX gained 0.32%.

The biggest gainers of the session on the Oslo OBX were Frontline Ltd (OL:FRO), which rose 5.80% or 14.20 points to trade at 259.10 at the close. Hafnia Ltd (OL:HAFNI) added 4.69% or 3.85 points to end at 86.00 and Hoegh Autoliners ASA (OL:HAUTO) was up 4.41% or 5.00 points to 118.40 in late trade.

Biggest losers included TGS NOPEC Geophysical Company ASA (OL:TGS), which lost 5.75% or 7.40 points to trade at 121.40 in late trade. Aker BP ASA (OL:AKRBP) declined 2.50% or 6.50 points to end at 253.90 and Var Energi ASA (OL:VAR) shed 1.87% or 0.68 points to 35.60.

Advancing stocks outnumbered falling ones by 168 to 112 and 34 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for October delivery was down 2.54% or 1.93 to $73.98 a barrel. Meanwhile, Brent oil for delivery in November fell 2.09% or 1.65 to hit $77.17 a barrel, while the December Gold Futures contract fell 0.57% or 14.60 to trade at $2,545.70 a troy ounce.

EUR/NOK was up 0.77% to 11.73, while USD/NOK rose 0.84% to 10.59.

The US Dollar Index Futures was up 0.13% at 101.40.

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