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Norway shares higher at close of trade; Oslo OBX up 0.22%

Published 2018-06-04, 12:05 p/m
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.22%
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Investing.com – Norway equities were higher at the close on Monday, as gains in the Capital Goods, Telecoms and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Oslo, the Oslo OBX rose 0.22%.

The biggest gainers of the session on the Oslo OBX were Questerre Energy Corporation (OL:QEC), which rose 10.84% or 0.63 points to trade at 6.39 at the close. Grieg Seafood (OL:GSFO) added 2.34% or 2.05 points to end at 89.50 and P/f Bakkafrost (OL:BAKKA) was up 2.12% or 9.00 points to 433.00 in late trade.

Biggest losers included DNO International ASA (OL:DNO), which lost 3.23% or 0.53 points to trade at 15.86 in late trade. Subsea 7 SA (OL:SUBC) declined 1.55% or 1.9 points to end at 124.0 and TGS-NOPEC Geophysical Company ASA (OL:TGS) shed 0.54% or 1.5 points to 274.5.

Declining stocks outnumbered rising ones by 95 to 80 and 26 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for July delivery was down 1.28% or 0.84 to $64.97 a barrel. Meanwhile, Brent oil for delivery in August fell 1.46% or 1.12 to hit $75.67 a barrel, while the August Gold Futures contract fell 0.13% or 1.70 to trade at $1297.60 a troy ounce.

EUR/NOK was down 0.54% to 9.4930, while USD/NOK fell 0.81% to 8.1187.

The US Dollar Index Futures was down 0.15% at 94.02.

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