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Norway stocks higher at close of trade; Oslo OBX up 1.20%

Published 07/31/2024, 10:55 AM
Updated 07/31/2024, 11:00 AM
© Reuters Norway stocks higher at close of trade; Oslo OBX up 1.20%
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Investing.com – Norway stocks were higher after the close on Wednesday, 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 1.20% to hit a new all time high.

The best performers of the session on the Oslo OBX were Aker BP ASA (OL:AKRBP), which rose 3.52% or 9.00 points to trade at 264.90 at the close. Meanwhile, Borr Drilling Ltd (OL:BORR) added 3.34% or 2.40 points to end at 74.20 and Equinor ASA (OL:EQNR) was up 2.65% or 7.50 points to 290.00 in late trade.

The worst performers of the session were Nel ASA (OL:NEL), which fell 3.76% or 0.23 points to trade at 5.89 at the close. Telenor ASA (OL:TEL) declined 0.54% or 0.70 points to end at 130.00 and Hoegh Autoliners ASA (OL:HAUTO) was down 0.33% or 0.40 points to 119.10.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 161 to 118 and 34 ended unchanged.

Crude oil for September delivery was up 3.01% or 2.25 to $76.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 2.65% or 2.07 to hit $80.14 a barrel, while the December Gold Futures contract rose 0.68% or 16.75 to trade at $2,468.65 a troy ounce.

EUR/NOK was down 0.18% to 11.83, while USD/NOK fell 0.21% to 10.93.

The US Dollar Index Futures was down 0.39% at 103.91.

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