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Norway stocks higher at close of trade; Oslo OBX up 0.70%

Published 07/08/2019, 01:05 PM
© Reuters.  Norway stocks higher at close of trade; Oslo OBX up 0.70%
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Investing.com – Norway stocks were higher after the close on Monday, as gains in the Energy, Diversified Financials and Pharma Biotech & Life Sciences sectors led shares higher.

At the close in Oslo, the Oslo OBX gained 0.70% to hit a new 6-months high.

The best performers of the session on the Oslo OBX were TGS-NOPEC Geophysical Company ASA (OL:TGS), which rose 6.62% or 15.4 points to trade at 248.0 at the close. Meanwhile, Petroleum Geo - Services ASA (OL:PGS) added 5.37% or 0.73 points to end at 14.33 and Subsea 7 SA (OL:SUBC) was up 2.77% or 2.7 points to 101.5 in late trade.

The worst performers of the session were Nel ASA (OL:NEL), which fell 5.43% or 0.420 points to trade at 7.230 at the close. DnB ASA (OL:DNB) declined 0.99% or 1.6 points to end at 164.6 and Yara International ASA (OL:YAR) was down 0.40% or 1.6 points to 401.6.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 128 to 81 and 28 ended unchanged.

Crude oil for August delivery was up 0.71% or 0.41 to $57.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.54% or 0.35 to hit $64.58 a barrel, while the August Gold Futures contract fell 0.09% or 1.25 to trade at $1398.85 a troy ounce.

EUR/NOK was up 0.18% to 9.6882, while USD/NOK rose 0.24% to 8.6386.

The US Dollar Index Futures was up 0.07% at 96.960.

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