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Norway stocks higher at close of trade; Oslo OBX up 0.11%

Published 05/27/2019, 01:05 PM
© Reuters.  Norway stocks higher at close of trade; Oslo OBX up 0.11%
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Investing.com – Norway stocks were higher after the close on Monday, as gains in the Food, Beverages & Tobacco, Healthcare Equipment & Services and Capital Goods sectors led shares higher.

At the close in Oslo, the Oslo OBX added 0.11%.

The best performers of the session on the Oslo OBX were SalMar ASA (OL:SALM), which rose 6.33% or 25.90 points to trade at 435.30 at the close. Meanwhile, Nel ASA (OL:NEL) added 4.38% or 0.390 points to end at 9.300 and Adevinta ASA Class A (OL:ADEA) was up 3.97% or 3.72 points to 97.44 in late trade.

The worst performers of the session were Petroleum Geo - Services ASA (OL:PGS), which fell 6.39% or 1.03 points to trade at 15.09 at the close. BW Offshore Ltd (OL:BWO) declined 2.86% or 1.650 points to end at 55.624 and Storebrand ASA (OL:STB) was down 2.30% or 1.54 points to 65.44.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 124 to 94 and 19 ended unchanged.

Shares in Nel ASA (OL:NEL) rose to 5-year highs; gaining 4.38% or 0.390 to 9.300. Shares in Adevinta ASA Class A (OL:ADEA) rose to all time highs; up 3.97% or 3.72 to 97.44.

Crude oil for July delivery was up 1.06% or 0.62 to $59.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 1.82% or 1.23 to hit $68.70 a barrel, while the June Gold Futures contract rose 0.06% or 0.80 to trade at $1284.40 a troy ounce.

EUR/NOK was up 0.22% to 9.7577, while USD/NOK rose 0.31% to 8.7111.

The US Dollar Index Futures was up 0.15% at 97.625.

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