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Norway stocks higher at close of trade; Oslo OBX up 0.45%

Published 07/19/2024, 10:55 AM
Updated 07/19/2024, 11:00 AM
© Reuters.  Norway stocks higher at close of trade; Oslo OBX up 0.45%
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Investing.com – Norway stocks were higher after the close on Friday, 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 added 0.45% to hit a new 1-month high.

The best performers of the session on the Oslo OBX were Tomra Systems ASA (OL:TOM), which rose 13.28% or 19.70 points to trade at 168.00 at the close. Meanwhile, Yara International ASA (OL:YAR) added 3.68% or 11.10 points to end at 312.90 and Telenor ASA (OL:TEL) was up 2.84% or 3.50 points to 126.60 in late trade.

The worst performers of the session were Nel ASA (OL:NEL), which fell 5.63% or 0.35 points to trade at 5.87 at the close. Norsk Hydro ASA (OL:NHY) declined 3.14% or 2.06 points to end at 63.50 and Borr Drilling Ltd (OL:BORR) was down 3.10% or 2.35 points to 73.35.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 161 to 116 and 35 ended unchanged.

Crude oil for September delivery was down 0.95% or 0.77 to $80.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.78% or 0.66 to hit $84.45 a barrel, while the August Gold Futures contract fell 2.30% or 56.55 to trade at $2,399.85 a troy ounce.

EUR/NOK was up 0.65% to 11.85, while USD/NOK rose 0.73% to 10.88.

The US Dollar Index Futures was up 0.12% at 104.01.

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