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.