Norway shares higher at close of trade; Oslo OBX up 0.80%

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Norway shares higher at close of trade; Oslo OBX up 0.80%
Credit: © Reuters.

Investing.com – Norway equities were higher at the close on Friday, as gains in the Auto & components , Telecoms and Transport sectors propelled shares higher.

At the close in Oslo, the Oslo OBX added 0.80% to hit a new all time high.

The biggest gainers of the session on the Oslo OBX were Norwegian Air Shuttle ASA (OL: NWC ), which rose 20.17% or 38.3 points to trade at 228.2 at the close. Petroleum Geo - Services ASA (OL: PGS ) added 5.35% or 1.02 points to end at 19.88 and Grieg Seafood (OL: GSFO ) was up 4.91% or 3.45 points to 73.75 in late trade.

Biggest losers included BW LPG Ltd (OL: BWLPG ), which lost 3.13% or 1.16 points to trade at 35.87 in late trade. Norsk Hydro ASA (OL: NHY ) declined 1.01% or 0.62 points to end at 60.52 and DnB ASA (OL: DNB ) shed 0.80% or 1.2 points to 155.8.

Advancing stocks outnumbered falling ones by 124 to 57 and 24 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.97% or 0.60 to $61.41 a barrel. Meanwhile, Brent oil for delivery in March fell 0.60% or 0.41 to hit $67.66 a barrel, while the February Gold Futures contract rose 0.04% or 0.50 to trade at $1322.10 a troy ounce.

EUR/NOK was down 0.46% to 9.6892, while USD/NOK fell 0.25% to 8.0485.

The US Dollar Index Futures was up 0.12% at 91.71.

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