Investing.com – Norway equities were higher at the close on Monday, as gains in the Pharma Biotech & Life Sciences, Technology Hardware & Equipment and Telecoms sectors propelled shares higher.
At the close in Oslo, the Oslo OBX rose 0.63% to hit a new 3-month high.
The biggest gainers of the session on the Oslo OBX were Golden Ocean Group Ltd (OL:GOGLT), which rose 8.72% or 0.58 points to trade at 7.23 at the close. DNO International ASA (OL:DNO) added 2.71% or 0.24 points to end at 8.90 and Bw Lpg (OL:BWLPG) was up 2.51% or 1.03 points to 42.03 in late trade.
Biggest losers included Petroleum Geo - Services ASA (OL:PGS), which lost 4.53% or 1.13 points to trade at 23.80 in late trade. Fred. Olsen Energy ASA (OL:FOE) declined 3.24% or 1.1 points to end at 32.9 and Seadrill Limited (OL:SDRL) shed 2.43% or 0.7 points to 27.3.
Advancing stocks outnumbered falling ones by 105 to 62 and 29 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for July delivery was up 0.59% or 0.29 to $49.62 a barrel. Meanwhile, Brent oil for delivery in August rose 0.72% or 0.36 to hit $50.31 a barrel, while the August Gold contract fell 0.76% or 9.20 to trade at $1207.50 a troy ounce.
EUR/NOK was up 0.33% to 9.2966, while USD/NOK rose 0.12% to 8.3473.
The US Dollar Index was down 0.01% at 95.72.