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Norway shares higher at close of trade; Oslo OBX up 1.07%

Published 2017-10-20, 12:05 p/m
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 1.07%
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Investing.com – Norway equities were higher at the close on Friday, as gains in the Consumer Durables And Apparel, Banking and Materials sectors propelled shares higher.

At the close in Oslo, the Oslo OBX gained 1.07% to hit a new all time high.

The biggest gainers of the session on the Oslo OBX were Aker Solutions OL (OL:AKSOL), which rose 5.89% or 2.27 points to trade at 40.80 at the close. Yara International ASA (OL:YAR) added 4.07% or 14.6 points to end at 373.6 and Norwegian Air Shuttle ASA (OL:NWC) was up 3.18% or 7.4 points to 240.0 in late trade.

Biggest losers included P/f Bakkafrost (OL:BAKKA), which lost 0.86% or 3.30 points to trade at 382.00 in late trade. Marine Harvest ASA (OL:MHG) declined 0.84% or 1.40 points to end at 164.60 and Petroleum Geo - Services ASA (OL:PGS) shed 0.56% or 0.09 points to 15.90.

Advancing stocks outnumbered falling ones by 97 to 74 and 33 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.08% or 0.04 to $51.25 a barrel. Meanwhile, Brent oil for delivery in December fell 0.02% or 0.01 to hit $57.22 a barrel, while the December Gold Futures contract fell 0.66% or 8.45 to trade at $1281.55 a troy ounce.

EUR/NOK was up 0.06% to 9.4148, while USD/NOK rose 0.84% to 7.9973.

The US Dollar Index Futures was up 0.67% at 93.62.

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