Norway stocks higher at close of trade; Oslo OBX up 0.61%

Norway stocks higher at close of trade; Oslo OBX up 0.61%

Sep 20, 2018

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

At the close in Oslo, the Oslo OBX added 0.61% to hit a new all time high.

The best performers of the session on the Oslo OBX were REC Silicon ASA (OL:REC), which rose 5.56% or 0.03 points to trade at 0.66 at the close. Meanwhile, Grieg Seafood (OL:GSFO) added 5.07% or 5.10 points to end at 105.70 and Norsk Hydro ASA (OL:NHY) was up 2.34% or 1.10 points to 48.30 in late trade.

The worst performers of the session were Schibsted ASA A (OL:SBSTA), which fell 2.68% or 8.6 points to trade at 312.4 at the close. Petroleum Geo - Services ASA (OL:PGS) declined 2.41% or 0.79 points to end at 32.00 and Telenor ASA (OL:TEL) was down 1.64% or 2.7 points to 161.5.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 109 to 71 and 29 ended unchanged.

Shares in Grieg Seafood (OL:GSFO) rose to all time highs; rising 5.07% or 5.10 to 105.70.

Crude oil for November delivery was down 0.34% or 0.24 to $70.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.79% or 0.63 to hit $78.77 a barrel, while the December Gold Futures contract rose 0.02% or 0.20 to trade at $1208.50 a troy ounce.

EUR/NOK was up 0.73% to 9.5850, while USD/NOK rose 0.16% to 8.1646.

The US Dollar Index Futures was down 0.41% at 93.73.

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