Norway shares higher at close of trade; Oslo OBX up 0.38%

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Norway shares higher at close of trade; Oslo OBX up 0.38%
Credit: © Reuters.

Investing.com – Norway equities were higher at the close on Tuesday, as gains in the Energy , Diversified Financials and Pharma Biotech & Life Sciences sectors propelled shares higher.

At the close in Oslo, the Oslo OBX rose 0.38%.

The biggest gainers of the session on the Oslo OBX were DNO International ASA (OL: DNO ), which rose 2.96% or 0.45 points to trade at 15.70 at the close. Aker BP ASA (OL: AKERBP ) added 2.57% or 6.60 points to end at 263.40 and Subsea 7 SA (OL: SUBC ) was up 2.11% or 2.0 points to 95.8 in late trade.

Biggest losers included Golden Ocean Group Ltd (OL: GOGLT ), which lost 1.93% or 1.05 points to trade at 53.35 in late trade. Nel ASA (OL: NEL ) declined 1.90% or 0.100 points to end at 5.150 and BW Offshore Ltd (OL: BWO ) shed 1.76% or 0.700 points to 39.000.

Declining stocks outnumbered rising ones by 85 to 84 and 31 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for February delivery was up 2.45% or 1.24 to $51.75 a barrel. Meanwhile, Brent oil for delivery in March rose 1.90% or 1.12 to hit $60.11 a barrel, while the February Gold Futures contract fell 0.24% or 3.15 to trade at $1288.15 a troy ounce.

EUR/NOK was down 0.67% to 9.7419, while USD/NOK fell 0.00% to 8.5478.

The US Dollar Index Futures was up 0.55% at 95.732.

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