Gold prices fall amid Trump tariff extension, waning rate cut bets
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 1.14%.
The biggest gainers of the session on the Oslo OBX were Frontline Ltd (OL:FRO), which rose 6.64% or 12.10 points to trade at 194.35 at the close. Tomra Systems ASA (OL:TOM) added 2.86% or 4.20 points to end at 150.80 and Hafnia Ltd (OL:HAFNI) was up 2.27% or 1.18 points to 53.20 in late trade.
Biggest losers included Nel ASA (OL:NEL), which lost 2.81% or 0.07 points to trade at 2.35 in late trade. Hoegh Autoliners ASA (OL:HAUTO) declined 0.63% or 0.55 points to end at 87.25 and Norwegian Air Shuttle ASA (OL:NAS) shed 0.19% or 0.03 points to 13.06.
Advancing stocks outnumbered falling ones by 173 to 98 and 23 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for July delivery was down 0.24% or 0.15 to $61.38 a barrel. Meanwhile, Brent oil for delivery in August fell 0.28% or 0.18 to hit $64.03 a barrel, while the August Gold Futures contract fell 0.83% or 28.05 to trade at $3,366.45 a troy ounce.
EUR/NOK was up 0.33% to 11.50, while USD/NOK rose 0.19% to 10.10.
The US Dollar Index Futures was down 0.12% at 98.89.