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Norway shares higher at close of trade; Oslo OBX up 0.42%

Published 01/07/2024, 15:55
Updated 01/07/2024, 16:00
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.42%
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Investing.com – Norway equities were higher at the close on Monday, 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 added 0.42%.

The biggest gainers of the session on the Oslo OBX were Nel ASA (OL:NEL), which rose 8.71% or 0.49 points to trade at 6.09 at the close. Kongsberg Gruppen ASA (OL:KOG) added 3.62% or 31.50 points to end at 901.50 and Tomra Systems ASA (OL:TOM) was up 3.30% or 4.20 points to 131.60 in late trade.

Biggest losers included Frontline Ltd (OL:FRO), which lost 6.15% or 17.20 points to trade at 262.50 in late trade. Hoegh Autoliners ASA (OL:HAUTO) declined 3.50% or 4.40 points to end at 121.40 and Hafnia Ltd (OL:HAFNI) shed 3.01% or 2.70 points to 87.00.

Advancing stocks outnumbered falling ones by 148 to 135 and 32 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.99% or 0.81 to $82.35 a barrel. Meanwhile, Brent oil for delivery in September rose 0.98% or 0.83 to hit $85.83 a barrel, while the August Gold Futures contract fell 0.23% or 5.35 to trade at $2,334.25 a troy ounce.

EUR/NOK was up 0.18% to 11.45, while USD/NOK rose 0.10% to 10.68.

The US Dollar Index Futures was up 0.03% at 105.58.

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