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Norway shares higher at close of trade; Oslo OBX up 0.95%

Published 28/03/2018, 03:05 am
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.95%
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Investing.com – Norway equities were higher at the close on Tuesday, as gains in the Pharma Biotech & Life Sciences, Utilities and Materials sectors propelled shares higher.

At the close in Oslo, the Oslo OBX added 0.95%.

The biggest gainers of the session on the Oslo OBX were DNO International ASA (OL:DNO), which rose 4.09% or 0.50 points to trade at 12.61 at the close. Golden Ocean Group Ltd (OL:GOGLT) added 3.54% or 2.20 points to end at 64.30 and Questerre Energy Corporation (OL:QEC) was up 3.41% or 0.22 points to 6.67 in late trade.

Biggest losers included Petroleum Geo - Services ASA (OL:PGS), which lost 3.51% or 0.85 points to trade at 23.38 in late trade. Schibsted ASA A (OL:SBSTA) declined 0.53% or 1.2 points to end at 222.6 and Subsea 7 SA (OL:SUBC) shed 0.43% or 0.4 points to 106.0.

Advancing stocks outnumbered falling ones by 119 to 63 and 25 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.26% or 0.17 to $65.38 a barrel. Meanwhile, Brent oil for delivery in June rose 0.01% or 0.01 to hit $69.53 a barrel, while the April Gold Futures contract fell 0.92% or 12.50 to trade at $1342.50 a troy ounce.

EUR/NOK was down 0.13% to 9.5465, while USD/NOK rose 0.08% to 7.6884.

The US Dollar Index Futures was up 0.34% at 88.94.

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