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Norway shares higher at close of trade; Oslo OBX up 0.95%

Published 16/08/2017, 17:05
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.95%
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Investing.com – Norway equities were higher at the close on Wednesday, as gains in the Materials, Banking and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Oslo, the Oslo OBX added 0.95%.

The biggest gainers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL:NWC), which rose 4.99% or 9.5 points to trade at 199.8 at the close. Golden Ocean Group Ltd (OL:GOGLT) added 3.27% or 2.20 points to end at 69.50 and SalMar ASA (OL:SALM) was up 3.17% or 6.90 points to 224.40 in late trade.

Biggest losers included REC Silicon ASA (OL:REC), which lost 2.37% or 0.03 points to trade at 1.03 in late trade. Nordic Nanovector ASA (OL:NANOV) declined 1.71% or 1.45 points to end at 83.55 and Schibsted ASA A (OL:SBSTA) shed 1.03% or 2.0 points to 192.6.

Advancing stocks outnumbered falling ones by 103 to 71 and 30 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.67% or 0.32 to $47.23 a barrel. Meanwhile, Brent oil for delivery in October fell 0.26% or 0.13 to hit $50.67 a barrel, while the December Gold Futures contract fell 0.07% or 0.89 to trade at $1278.81 a troy ounce.

EUR/NOK was down 0.46% to 9.3058, while USD/NOK fell 0.18% to 7.9531.

The US Dollar Index Futures was up 0.19% at 93.93.

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