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Norway shares higher at close of trade; Oslo OBX up 0.85%

Published 19/09/2024, 15:55
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.85%
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Investing.com – Norway equities were higher at the close on Thursday, 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 0.85%.

The biggest gainers of the session on the Oslo OBX were Yara International ASA (OL:YAR), which rose 4.66% or 14.50 points to trade at 325.90 at the close. Nordic Semiconductor ASA (OL:NOD) added 4.55% or 6.05 points to end at 138.95 and Norsk Hydro ASA (OL:NHY) was up 3.47% or 2.10 points to 62.70 in late trade.

Biggest losers included Telenor ASA (OL:TEL), which lost 1.99% or 2.70 points to trade at 132.80 in late trade. Equinor ASA (OL:EQNR) declined 1.39% or 3.70 points to end at 262.00 and Orkla ASA (OL:ORK) shed 1.18% or 1.15 points to 96.60.

Advancing stocks outnumbered falling ones by 176 to 109 and 26 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.93% or 0.65 to $70.53 a barrel. Meanwhile, Brent oil for delivery in November rose 0.88% or 0.65 to hit $74.30 a barrel, while the December Gold Futures contract rose 0.29% or 7.60 to trade at $2,606.20 a troy ounce.

EUR/NOK was down 0.63% to 11.70, while USD/NOK fell 0.67% to 10.52.

The US Dollar Index Futures was up 0.35% at 100.63.

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