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Norway stocks higher at close of trade; Oslo OBX up 0.56%

Published 11/05/2024, 10:55 AM
Updated 11/05/2024, 11:00 AM
© Reuters Norway stocks higher at close of trade; Oslo OBX up 0.56%
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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 added 0.56%.

The best performers of the session on the Oslo OBX were Golden Ocean Group Ltd (OL:GOGL), which rose 3.81% or 4.55 points to trade at 123.90 at the close. Meanwhile, Norwegian Air Shuttle ASA (OL:NAS) added 2.95% or 0.30 points to end at 10.47 and SalMar ASA (OL:SALM) was up 2.72% or 14.50 points to 547.00 in late trade.

The worst performers of the session were Nordic Semiconductor ASA (OL:NOD), which fell 3.03% or 3.25 points to trade at 104.10 at the close. Frontline Ltd (OL:FRO) declined 0.99% or 2.10 points to end at 209.10 and Aker BP ASA (OL:AKRBP) was down 0.48% or 1.10 points to 228.20.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 147 to 133 and 23 ended unchanged.

Crude oil for December delivery was up 1.25% or 0.89 to $72.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.12% or 0.84 to hit $75.92 a barrel, while the December Gold Futures contract rose 0.20% or 5.60 to trade at $2,751.80 a troy ounce.

EUR/NOK was down 0.10% to 11.96, while USD/NOK fell 0.22% to 10.97.

The US Dollar Index Futures was down 0.20% at 103.58.

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