Investing.com – Norway stocks were higher after the close on Wednesday, as gains in the Banking, Energy and Materials sectors led shares higher.
At the close in Oslo, the Oslo OBX added 1.93% to hit a new 1-month high.
The best performers of the session on the Oslo OBX were Akastor ASA (OL:AKAS), which rose 11.44% or 1.1 points to trade at 11.2 at the close. Meanwhile, Fred. Olsen Energy ASA (OL:FOE) added 10.76% or 4.6 points to end at 47.2 and Renewable Energy Corporation ASA (OL:REC) was up 8.61% or 0.13 points to 1.63 in late trade.
The worst performers of the session were Storebrand ASA (OL:STB), which fell 1.33% or 0.41 points to trade at 30.34 at the close. Golden Ocean Group Ltd (OL:GOGLT) declined 0.63% or 0.10 points to end at 15.80 and Norwegian Air Shuttle ASA (OL:NWC) was down 0.41% or 1.3 points to 316.7.
Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 122 to 65 and 4 ended unchanged.
Crude oil for December delivery was down 2.90% or 1.39 to $46.51 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 3.29% or 1.67 to hit $48.88 a barrel, while the December Gold contract fell 0.11% or 1.20 to trade at $1112.90 a troy ounce.
EUR/NOK was up 0.55% to 9.3778, while USD/NOK rose 1.52% to 8.6357.
The US Dollar Index was up 0.81% at 98.03.