👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Norway stocks higher at close of trade; Oslo OBX up 1.08%

Published 05/02/2017, 12:05 PM
© Reuters.  Norway stocks higher at close of trade; Oslo OBX up 1.08%
RECSI
-
SDRL
-
SUBC
-
DNB
-
BAKKA
-
NAS
-
OBX
-
OSE4010GI
-
OSE2540GI
-
OSE5010GI
-

Investing.com – Norway stocks were higher after the close on Tuesday, as gains in the Banking, Telecoms and Media sectors led shares higher.

At the close in Oslo, the Oslo OBX gained 1.08% to hit a new 1-month high.

The best performers of the session on the Oslo OBX were REC Silicon ASA (OL:REC), which rose 5.98% or 0.06 points to trade at 1.13 at the close. Meanwhile, DnB ASA (OL:DNB) added 4.40% or 5.9 points to end at 140.0 and P/f Bakkafrost (OL:BAKKA) was up 3.64% or 10.60 points to 301.60 in late trade.

The worst performers of the session were Seadrill Limited (OL:SDRL), which fell 9.60% or 0.57 points to trade at 5.32 at the close. Norwegian Air Shuttle ASA (OL:NWC) declined 3.78% or 9.2 points to end at 234.5 and Subsea 7 SA (OL:SUBC) was down 2.11% or 3.0 points to 139.0.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 88 to 83 and 32 ended unchanged.

Shares in Seadrill Limited (OL:SDRL) fell to all time lows; losing 9.60% or 0.57 to 5.32.

Crude oil for June delivery was down 0.94% or 0.46 to $48.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.82% or 0.42 to hit $51.10 a barrel, while the June Gold Futures contract rose 0.08% or 1.06 to trade at $1256.56 a troy ounce.

EUR/NOK was up 0.11% to 9.3783, while USD/NOK rose 0.02% to 8.5974.

The US Dollar Index Futures was down 0.01% at 98.97.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.