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Norway stocks higher at close of trade; Oslo OBX up 0.10%

Published 02/28/2018, 12:05 PM
Updated 02/28/2018, 12:10 PM
© Reuters.  Norway stocks higher at close of trade; Oslo OBX up 0.10%
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Investing.com – Norway stocks were higher after the close on Wednesday, as gains in the Auto & components, Pharma Biotech & Life Sciences and Banking sectors led shares higher.

At the close in Oslo, the Oslo OBX rose 0.10%.

The best performers of the session on the Oslo OBX were Norwegian Finans Holding ASA (OL:NOFI), which rose 6.98% or 6.00 points to trade at 92.00 at the close. Meanwhile, Petroleum Geo - Services ASA (OL:PGS) added 2.83% or 0.70 points to end at 25.45 and Leroy Seafood Group ASA (OL:LSG) was up 2.67% or 1.2 points to 47.3 in late trade.

The worst performers of the session were Aker Solutions OL (OL:AKSOL), which fell 2.47% or 1.14 points to trade at 45.00 at the close. Norsk Hydro ASA (OL:NHY) declined 1.58% or 0.86 points to end at 53.64 and Schibsted ASA A (OL:SBSTA) was down 1.41% or 3.0 points to 209.5.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 100 to 88 and 20 ended unchanged.

Shares in Petroleum Geo - Services ASA (OL:PGS) rose to 52-week highs; rising 2.83% or 0.70 to 25.45.

Crude oil for April delivery was down 1.00% or 0.63 to $62.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 1.32% or 0.88 to hit $65.64 a barrel, while the April Gold Futures contract rose 0.22% or 2.90 to trade at $1321.50 a troy ounce.

EUR/NOK was down 0.06% to 9.6190, while USD/NOK rose 0.07% to 7.8730.

The US Dollar Index Futures was up 0.14% at 90.44.

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