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Norway stocks higher at close of trade; Oslo OBX up 0.18%

Published 11/19/2024, 10:55 AM
Updated 11/19/2024, 11:00 AM
© Reuters Norway stocks higher at close of trade; Oslo OBX up 0.18%
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Investing.com – Norway stocks were higher after the close on Tuesday, as gains in the Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities sectors led shares higher.

At the close in Oslo, the Oslo OBX rose 0.18%.

The best performers of the session on the Oslo OBX were Kongsberg Gruppen ASA (OL:KOG), which rose 3.16% or 38.00 points to trade at 1,242.00 at the close. Meanwhile, Hafnia Ltd (OL:HAFNI) added 2.35% or 1.40 points to end at 61.05 and Frontline Ltd (OL:FRO) was up 2.28% or 5.00 points to 224.10 in late trade.

The worst performers of the session were Golden Ocean Group Ltd (OL:GOGL), which fell 3.34% or 4.50 points to trade at 130.15 at the close. Tomra Systems ASA (OL:TOM) declined 2.79% or 4.10 points to end at 142.80 and Nel ASA (OL:NEL) was down 2.46% or 0.09 points to 3.44.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 159 to 121 and 26 ended unchanged.

Shares in Kongsberg Gruppen ASA (OL:KOG) rose to all time highs; up 3.16% or 38.00 to 1,242.00. Shares in Nel ASA (OL:NEL) fell to 5-year lows; down 2.46% or 0.09 to 3.44.

Crude oil for January delivery was down 0.01% or 0.01 to $69.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.04% or 0.03 to hit $73.27 a barrel, while the December Gold Futures contract rose 0.52% or 13.60 to trade at $2,628.20 a troy ounce.

EUR/NOK was down 0.29% to 11.62, while USD/NOK fell 0.14% to 10.98.

The US Dollar Index Futures was down 0.05% at 106.15.

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