Norway stocks higher at close of trade; Oslo OBX up 0.18%

Norway stocks higher at close of trade; Oslo OBX up 0.18%

Sep 06, 2018

Norway stocks were higher after the close on Thursday, as gains in the Telecoms, Materials and Auto&components sectors led shares higher.

At the close in Oslo, the Oslo OBX rose 0.18%.

The best performers of the session on the Oslo OBX were REC Silicon ASA (OL:REC), which rose 8.76% or 0.06 points to trade at 0.74 at the close. Meanwhile, Norsk Hydro ASA (OL:NHY) added 2.88% or 1.32 points to end at 47.75 and Telenor ASA (OL:TEL) was up 1.56% or 2.5 points to 159.7 in late trade.

The worst performers of the session were Petroleum Geo - Services ASA (OL:PGS), which fell 6.45% or 2.14 points to trade at 31.00 at the close. Norwegian Finans Holding ASA (OL:NOFI) declined 2.75% or 2.90 points to end at 102.70 and Subsea 7 SA (OL:SUBC) was down 2.28% or 2.6 points to 111.5.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 109 to 74 and 26 ended unchanged.

Crude oil for October delivery was down 2.05% or 1.41 to $67.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 1.62% or 1.25 to hit $76.02 a barrel, while the December Gold Futures contract rose 0.26% or 3.10 to trade at $1204.40 a troy ounce.

EUR/NOK was up 0.24% to 9.7895, while USD/NOK rose 0.31% to 8.4225.

The US Dollar Index Futures was down 0.02% at 95.05.

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