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Norway shares higher at close of trade; Oslo OBX up 0.31%

Published 2017-10-12, 12:05 p/m
Updated 2017-10-12, 12:05 p/m
© Reuters.  Norway shares higher at close of trade; Oslo OBX up 0.31%

Investing.com – Norway equities were higher at the close on Thursday, as gains in the Pharma Biotech & Life Sciences, Materials and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Oslo, the Oslo OBX gained 0.31% to hit a new all time high.

The biggest gainers of the session on the Oslo OBX were Grieg Seafood (OL:GSFO), which rose 3.63% or 2.90 points to trade at 82.90 at the close. Nordic Nanovector ASA (OL:NANOV) added 2.55% or 2.10 points to end at 84.35 and BW LPG Ltd (OL:BWLPG) was up 2.34% or 0.82 points to 35.84 in late trade.

Biggest losers included Aker Solutions OL (OL:AKSOL), which lost 2.57% or 1.07 points to trade at 40.58 in late trade. Petroleum Geo - Services ASA (OL:PGS) declined 2.14% or 0.35 points to end at 16.00 and Golden Ocean Group Ltd (OL:GOGLT) shed 1.69% or 1.10 points to 64.15.

Declining stocks outnumbered rising ones by 99 to 67 and 35 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.86% or 0.44 to $50.86 a barrel. Meanwhile, Brent oil for delivery in December fell 0.81% or 0.46 to hit $56.48 a barrel, while the December Gold Futures contract rose 0.48% or 6.13 to trade at $1295.03 a troy ounce.

EUR/NOK was down 0.46% to 9.3489, while USD/NOK fell 0.32% to 7.8960.

The US Dollar Index Futures was up 0.19% at 92.97.

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