Norway stocks higher at close of trade; Oslo OBX up 0.51%

Investing.com – Norway stocks were higher after the close on Friday, 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 rose 0.51%.

The best performers of the session on the Oslo OBX were Norsk Hydro ASA (OL:NHY ), which rose 2.91% or 1.98 points to trade at 70.12 at the close. Meanwhile, Gjensidige Forsikring ASA (OL:GJFG ) added 2.80% or 5.40 points to end at 198.60 and Subsea 7 SA (OL:SUBC ) was up 2.52% or 4.60 points to 187.00 in late trade.

The worst performers of the session were Nel ASA (OL:NEL ), which fell 4.19% or 0.18 points to trade at 4.02 at the close. Nordic Semiconductor ASA (OL:NOD ) declined 2.72% or 2.70 points to end at 96.62 and Frontline Ltd (OL:FRO ) was down 2.48% or 6.60 points to 259.20.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 145 to 131 and 29 ended unchanged.

Shares in Nel ASA (OL:NEL ) fell to 5-year lows; falling 4.19% or 0.18 to 4.02.

Crude oil for November delivery was up 0.22% or 0.17 to $76.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.10% or 0.08 to hit $79.48 a barrel, while the December Gold Futures contract rose 1.19% or 31.30 to trade at $2,670.60 a troy ounce.

EUR/NOK was down 0.61% to 11.72, while USD/NOK fell 0.10% to 10.71.

The US Dollar Index Futures was down 0.10% at 102.67.

Source: Investing.com

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