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

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Norway shares higher at close of trade; Oslo OBX up 0.61%
Credit: © Reuters. – Norway equities were higher at the close on Tuesday, as gains in the Auto & components , Pharma Biotech & Life Sciences and Diversified Financials sectors propelled shares higher.

At the close in Oslo, the Oslo OBX gained 0.61%.

The biggest gainers of the session on the Oslo OBX were BW Offshore Ltd (OL: BWO ), which rose 10.50% or 3.550 points to trade at 37.350 at the close. TGS-NOPEC Geophysical Company ASA (OL: TGS ) added 4.87% or 11.6 points to end at 249.8 and Golden Ocean Group Ltd (OL: GOGLT ) was up 4.40% or 2.50 points to 59.30 in late trade.

Biggest losers included Telenor ASA (OL: TEL ), which lost 1.30% or 2.2 points to trade at 170.2 in late trade. Marine Harvest ASA (OL: MOWI ) declined 1.17% or 2.10 points to end at 176.90 and Leroy Seafood Group ASA (OL: LSG ) shed 1.03% or 0.7 points to 63.6.

Advancing stocks outnumbered falling ones by 118 to 65 and 30 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for February delivery was up 2.89% or 1.40 to $49.92 a barrel. Meanwhile, Brent oil for delivery in March rose 2.56% or 1.47 to hit $58.80 a barrel, while the February Gold Futures contract fell 0.33% or 4.30 to trade at $1285.60 a troy ounce.

EUR/NOK was down 0.04% to 9.7826, while USD/NOK rose 0.23% to 8.5494.

The US Dollar Index Futures was up 0.29% at 95.502.

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