Investing.com – Norway equities were higher at the close on Friday, as gains in the Food, Beverages & Tobacco, Energy and Pharma Biotech & Life Sciences sectors propelled shares higher.
At the close in Oslo, the Oslo OBX rose 1.77% to hit a new 3-month high.
The biggest gainers of the session on the Oslo OBX were Seadrill Limited (OL:SDRL), which rose 10.10% or 0.50 points to trade at 5.39 at the close. Norwegian Air Shuttle ASA (OL:NWC) added 9.34% or 20.5 points to end at 239.9 and Marine Harvest ASA (OL:MHG) was up 5.26% or 7.50 points to 149.32 in late trade.
Biggest losers included BW LPG Ltd (OL:BWLPG), which lost 2.14% or 0.79 points to trade at 36.07 in late trade. Frontline Ltd (OL:FRO) declined 0.98% or 0.55 points to end at 55.55 and Yara International ASA (OL:YAR) shed 0.37% or 1.2 points to 321.2.
Advancing stocks outnumbered falling ones by 89 to 87 and 21 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for June delivery was up 1.65% or 0.75 to $46.27 a barrel. Meanwhile, Brent oil for delivery in July rose 1.53% or 0.74 to hit $49.12 a barrel, while the June Gold Futures contract rose 0.05% or 0.58 to trade at $1229.18 a troy ounce.
EUR/NOK was down 0.69% to 9.4647, while USD/NOK fell 0.79% to 8.6084.
The US Dollar Index Futures was down 0.08% at 98.53.