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Norway stocks higher at close of trade; Oslo OBX up 0.85%

Published 05/24/2019, 01:05 PM
© Reuters.  Norway stocks higher at close of trade; Oslo OBX up 0.85%
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Investing.com – Norway stocks were higher after the close on Friday, as gains in the Utilities, Healthcare Equipment & Services and Real Estate sectors led shares higher.

At the close in Oslo, the Oslo OBX gained 0.85%.

The best performers of the session on the Oslo OBX were P/f Bakkafrost (OL:BAKKA), which rose 4.22% or 19.60 points to trade at 484.60 at the close. Meanwhile, Grieg Seafood (OL:GSFO) added 4.02% or 4.80 points to end at 124.30 and Nel ASA (OL:NEL) was up 3.48% or 0.300 points to 8.910 in late trade.

The worst performers of the session were Golden Ocean Group Ltd (OL:GOGLT), which fell 3.73% or 1.70 points to trade at 43.84 at the close. Leroy Seafood Group ASA (OL:LSG) declined 1.26% or 0.78 points to end at 61.24 and Norsk Hydro ASA (OL:NHY) was down 0.89% or 0.29 points to 32.76.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 128 to 73 and 32 ended unchanged.

Shares in Nel ASA (OL:NEL) rose to 5-year highs; up 3.48% or 0.300 to 8.910.

Crude oil for July delivery was up 0.64% or 0.37 to $58.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.72% or 0.49 to hit $68.25 a barrel, while the June Gold Futures contract fell 0.11% or 1.35 to trade at $1284.05 a troy ounce.

EUR/NOK was down 0.50% to 9.7415, while USD/NOK fell 0.73% to 8.6927.

The US Dollar Index Futures was down 0.27% at 97.458.

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