Investing.com – Norway equities were higher at the close on Tuesday, as gains in the Utilities, Food, Beverages & Tobacco and Energy sectors propelled shares higher.
At the close in Oslo, the Oslo OBX gained 2.11% to hit a new 1-month high.
The biggest gainers of the session on the Oslo OBX were TGS-NOPEC Geophysical Company ASA (OL:TGS), which rose 15.39% or 28.5 points to trade at 214.0 at the close. Petroleum Geo - Services ASA (OL:PGS) added 11.45% or 2.78 points to end at 27.06 and Grieg Seafood (OL:GSFO) was up 7.28% or 5.70 points to 82.98 in late trade.
Biggest losers included Schibsted ASA A (OL:SBSTA), which lost 1.76% or 3.8 points to trade at 212.0 in late trade. Norwegian Air Shuttle ASA (OL:NWC) declined 1.48% or 2.60 points to end at 173.40 and P/f Bakkafrost (OL:BAKKA) shed 0.88% or 4.00 points to 450.60.
Advancing stocks outnumbered falling ones by 117 to 70 and 20 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for May delivery was up 2.89% or 1.83 to $65.25 a barrel. Meanwhile, Brent oil for delivery in June rose 2.90% or 1.99 to hit $70.64 a barrel, while the June Gold Futures contract rose 0.16% or 2.10 to trade at $1342.20 a troy ounce.
EUR/NOK was up 0.48% to 9.6377, while USD/NOK rose 0.31% to 7.8093.
The US Dollar Index Futures was down 0.15% at 89.40.