Norway stocks higher at close of trade; Oslo OBX up 0.33%

Norway stocks higher at close of trade; Oslo OBX up 0.33%

Jul 18, 2018

Norway stocks were higher after the close on Wednesday, as gains in the Technology Hardware&Equipment, Insurance and Software&Computer Services sectors led shares higher.

At the close in Oslo, the Oslo OBX gained 0.33%.

The best performers of the session on the Oslo OBX were Yara International ASA (OL:YAR), which rose 3.60% or 12.0 points to trade at 342.0 at the close. Meanwhile, Aker Solutions OL (OL:AKSOL) added 2.20% or 1.16 points to end at 54.00 and Gjensidige Forsikring ASA (OL:GJFS) was up 2.18% or 2.7 points to 126.7 in late trade.

The worst performers of the session were DNO International ASA (OL:DNO), which fell 4.43% or 0.71 points to trade at 15.31 at the close. Norsk Hydro ASA (OL:NHY) declined 1.83% or 0.88 points to end at 47.32 and Aker BP ASA (OL:AKERBP) was down 1.25% or 3.60 points to 283.60.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 87 to 85 and 17 ended unchanged.

Crude oil for September delivery was up 0.39% or 0.26 to $67.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.65% or 0.47 to hit $72.63 a barrel, while the August Gold Futures contract fell 0.02% or 0.30 to trade at $1227.00 a troy ounce.

EUR/NOK was up 0.06% to 9.5129, while USD/NOK rose 0.08% to 8.1610.

The US Dollar Index Futures was up 0.04% at 94.77.

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