Investing.com – Norway equities were higher at the close on Tuesday, as gains in the Media, Food, Beverages & Tobacco and Auto & components sectors propelled shares higher.
At the close in Oslo, the Oslo OBX gained 0.56% to hit a new 1-month high.
The biggest gainers of the session on the Oslo OBX were Akastor ASA (OL:AKAS), which rose 11.75% or 0.8 points to trade at 7.8 at the close. Petroleum Geo - Services ASA (OL:PGS) added 8.44% or 1.67 points to end at 21.46 and Fred. Olsen Energy ASA (OL:FOE) was up 5.24% or 1.4 points to 28.1 in late trade.
Biggest losers included Renewable Energy Corporation ASA (OL:REC), which lost 1.98% or 0.02 points to trade at 1.04 in late trade. Det norske oljeselskap ASA (OL:DETNOR) declined 1.64% or 1.00 points to end at 60.00 and Norsk Hydro ASA (OL:NHY) shed 0.78% or 0.27 points to 34.40.
Advancing stocks outnumbered falling ones by 93 to 71 and 23 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for April delivery was up 2.28% or 0.77 to $34.52 a barrel. Meanwhile, Brent oil for delivery in May rose 1.34% or 0.49 to hit $37.06 a barrel, while the April Gold contract fell 0.42% or 5.20 to trade at $1229.20 a troy ounce.
EUR/NOK was down 0.66% to 9.3886, while USD/NOK fell 0.37% to 8.6590.
The US Dollar Index was up 0.24% at 98.52.