Norway stocks higher at close of trade; Oslo OBX up 1.55%

Norway stocks higher at close of trade; Oslo OBX up 1.55%

Aug 20, 2018

Norway stocks were higher after the close on Monday, as gains in the Insurance, Healthcare Equipment&Services and Commercial Service And Supplies sectors led shares higher.

At the close in Oslo, the Oslo OBX gained 1.55%.

The best performers of the session on the Oslo OBX were Gjensidige Forsikring ASA (OL:GJFS), which rose 4.10% or 5.5 points to trade at 139.7 at the close. Meanwhile, Norwegian Air Shuttle ASA (OL:NWC) added 4.06% or 10.10 points to end at 259.10 and Golden Ocean Group Ltd (OL:GOGLT) was up 3.47% or 2.65 points to 79.10 in late trade.

The worst performers of the session were Petroleum Geo - Services ASA (OL:PGS), which fell 0.25% or 0.09 points to trade at 35.95 at the close. DNO International ASA (OL:DNO) declined 0.17% or 0.03 points to end at 17.27 and REC Silicon ASA (OL:REC) was 0.00% or 0.00 points to 0.76.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 121 to 53 and 32 ended unchanged.

Shares in Golden Ocean Group Ltd (OL:GOGLT) rose to all time highs; gaining 3.47% or 2.65 to 79.10.

Crude oil for October delivery was up 0.26% or 0.17 to $65.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.56% or 0.40 to hit $72.23 a barrel, while the December Gold Futures contract rose 0.81% or 9.60 to trade at $1193.80 a troy ounce.

EUR/NOK was up 0.26% to 9.6927, while USD/NOK rose 0.17% to 8.4672.

The US Dollar Index Futures was down 0.05% at 95.95.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now