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Norway shares higher at close of trade; Oslo OBX up 0.61%

Published 24/04/2018, 02:05 am
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.61%
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Investing.com – Norway equities were higher at the close on Monday, as gains in the Consumer Durables And Apparel, Utilities and Telecoms sectors propelled shares higher.

At the close in Oslo, the Oslo OBX gained 0.61%.

The biggest gainers of the session on the Oslo OBX were Norwegian Finans Holding ASA (OL:NOFI), which rose 3.99% or 3.75 points to trade at 97.80 at the close. Petroleum Geo - Services ASA (OL:PGS) added 3.60% or 1.09 points to end at 31.35 and P/f Bakkafrost (OL:BAKKA) was up 3.40% or 14.60 points to 444.20 in late trade.

Biggest losers included Norwegian Air Shuttle ASA (OL:NWC), which lost 6.20% or 18.60 points to trade at 282.00 in late trade. Norsk Hydro ASA (OL:NHY) declined 4.73% or 2.52 points to end at 50.56 and DNO International ASA (OL:DNO) shed 2.55% or 0.40 points to 15.10.

Advancing stocks outnumbered falling ones by 102 to 86 and 19 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.54% or 0.37 to $68.03 a barrel. Meanwhile, Brent oil for delivery in June rose 0.01% or 0.01 to hit $74.07 a barrel, while the June Gold Futures contract fell 0.96% or 12.90 to trade at $1325.40 a troy ounce.

EUR/NOK was up 0.12% to 9.6247, while USD/NOK rose 0.68% to 7.8767.

The US Dollar Index Futures was up 0.58% at 90.60.

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