Norway stocks higher at close of trade; Oslo OBX up 0.69%

Norway stocks higher at close of trade; Oslo OBX up 0.69%

Apr 02, 2019

Norway stocks were higher after the close on Tuesday, as gains in the Commercial Service And Supplies, Auto&components and Materials sectors led shares higher.

At the close in Oslo, the Oslo OBX gained 0.69%.

The best performers of the session on the Oslo OBX were BW Offshore Ltd (OL:BWO), which rose 5.26% or 2.380 points to trade at 47.660 at the close. Meanwhile, Nel ASA (OL:NEL) added 2.70% or 0.160 points to end at 6.090 and Norsk Hydro ASA (OL:NHY) was up 2.44% or 0.88 points to 36.89 in late trade.

The worst performers of the session were Marine Harvest ASA (OL:MOWI), which fell 1.05% or 2.05 points to trade at 192.95 at the close. Grieg Seafood (OL:GSFO) declined 0.56% or 0.60 points to end at 105.60 and TGS-NOPEC Geophysical Company ASA (OL:TGS) was down 0.46% or 1.1 points to 240.5.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 125 to 94 and 22 ended unchanged.

Crude oil for May delivery was up 1.45% or 0.89 to $62.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.48% or 0.33 to hit $69.34 a barrel, while the June Gold Futures contract rose 0.05% or 0.65 to trade at $1294.85 a troy ounce.

EUR/NOK was up 0.27% to 9.6469, while USD/NOK rose 0.47% to 8.6213.

The US Dollar Index Futures was up 0.26% at 97.053.

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