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Norway shares higher at close of trade; Oslo OBX up 2.27%

Stock Markets Apr 05, 2018 12:05
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© Reuters. Norway shares higher at close of trade; Oslo OBX up 2.27%
 
ORK
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SUBC
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GOGL
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SALM
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Investing.com – Norway equities were higher at the close on Thursday, as gains in the Pharma Biotech & Life Sciences, Energy and Materials sectors propelled shares higher.

At the close in Oslo, the Oslo OBX added 2.27% to hit a new 1-month high.

The biggest gainers of the session on the Oslo OBX were Golden Ocean Group Ltd (OL:GOGLT), which rose 6.47% or 3.65 points to trade at 60.10 at the close. Aker Solutions OL (OL:AKSOL) added 5.11% or 2.11 points to end at 43.40 and Subsea 7 SA (OL:SUBC) was up 4.75% or 4.8 points to 104.7 in late trade.

Biggest losers included Gjensidige Forsikring ASA (OL:GJFS), which lost 0.14% or 0.2 points to trade at 144.0 in late trade. Orkla ASA (OL:ORK) added 0.89% or 0.76 points to end at 86.28 and SalMar ASA (OL:SALM) gained 0.93% or 3.00 points to 327.00.

Advancing stocks outnumbered falling ones by 133 to 44 and 26 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.57% or 0.36 to $63.73 a barrel. Meanwhile, Brent oil for delivery in June rose 0.65% or 0.44 to hit $68.46 a barrel, while the June Gold Futures contract fell 0.85% or 11.40 to trade at $1328.80 a troy ounce.

EUR/NOK was down 0.21% to 9.5862, while USD/NOK rose 0.15% to 7.8362.

The US Dollar Index Futures was up 0.45% at 90.18.

Norway shares higher at close of trade; Oslo OBX up 2.27%
 

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