Norway stocks higher at close of trade; Oslo OBX up 0.51%

Norway stocks higher at close of trade; Oslo OBX up 0.51%

Sep 10, 2018

Norway stocks were higher after the close on Monday, as gains in the Utilities, Technology Hardware&Equipment and Materials sectors led shares higher.

At the close in Oslo, the Oslo OBX rose 0.51%.

The best performers of the session on the Oslo OBX were Norsk Hydro ASA (OL:NHY), which rose 2.56% or 1.18 points to trade at 47.35 at the close. Meanwhile, Aker BP ASA (OL:AKERBP) added 2.48% or 7.00 points to end at 289.40 and SalMar ASA (OL:SALM) was up 1.86% or 7.40 points to 406.20 in late trade.

The worst performers of the session were REC Silicon ASA (OL:REC), which fell 4.42% or 0.03 points to trade at 0.69 at the close. Golden Ocean Group Ltd (OL:GOGLT) declined 1.33% or 1.00 points to end at 73.70 and Norwegian Finans Holding ASA (OL:NOFI) was down 0.98% or 1.00 points to 101.00.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 98 to 94 and 13 ended unchanged.

Shares in REC Silicon ASA (OL:REC) fell to 5-year lows; down 4.42% or 0.03 to 0.69.

Crude oil for October delivery was down 0.41% or 0.28 to $67.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.21% or 0.16 to hit $76.99 a barrel, while the December Gold Futures contract rose 0.11% or 1.30 to trade at $1201.70 a troy ounce.

EUR/NOK was down 0.44% to 9.7192, while USD/NOK fell 0.84% to 8.3782.

The US Dollar Index Futures was down 0.31% at 95.08.

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