Norway stocks higher at close of trade; Oslo OBX up 0.13%

Norway stocks higher at close of trade; Oslo OBX up 0.13%

Aug 29, 2018

Norway stocks were higher after the close on Wednesday, as gains in the Media, Food, Beverages&Tobacco and Capital Goods sectors led shares higher.

At the close in Oslo, the Oslo OBX gained 0.13% to hit a new all time high.

The best performers of the session on the Oslo OBX were Aker Solutions OL (OL:AKSOL), which rose 3.14% or 1.78 points to trade at 58.54 at the close. Meanwhile, Marine Harvest ASA (OL:MHG) added 2.09% or 3.70 points to end at 179.35 and Schibsted ASA A (OL:SBSTA) was up 1.11% or 3.3 points to 301.4 in late trade.

The worst performers of the session were REC Silicon ASA (OL:REC), which fell 2.73% or 0.02 points to trade at 0.71 at the close. Telenor ASA (OL:TEL) declined 1.35% or 2.2 points to end at 160.9 and Aker ASA (OL:AKER) was down 0.91% or 6.0 points to 656.0.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 110 to 75 and 23 ended unchanged.

Shares in Aker Solutions OL (OL:AKSOL) rose to 3-years highs; rising 3.14% or 1.78 to 58.54. Shares in REC Silicon ASA (OL:REC) fell to 5-year lows; falling 2.73% or 0.02 to 0.71. Shares in Schibsted ASA A (OL:SBSTA) rose to 52-week highs; up 1.11% or 3.3 to 301.4.

Crude oil for October delivery was up 1.14% or 0.78 to $69.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.93% or 0.71 to hit $77.00 a barrel, while the December Gold Futures contract fell 0.30% or 3.60 to trade at $1210.80 a troy ounce.

EUR/NOK was up 0.01% to 9.7596, while USD/NOK fell 0.00% to 8.3439.

The US Dollar Index Futures was down 0.05% at 94.58.

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