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

Stock Markets Jul 12, 2017 12:05
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© Reuters. Norway shares higher at close of trade; Oslo OBX up 2.27%
 
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Investing.com – Norway equities were higher at the close on Wednesday, as gains in the Consumer Durables And Apparel, Banking and Pharma Biotech & Life Sciences 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 Aker Solutions OL (OL:AKSOL), which rose 8.78% or 3.19 points to trade at 39.54 at the close. BW LPG Ltd (OL:BWLPG) added 8.58% or 2.64 points to end at 33.40 and Petroleum Geo - Services ASA (OL:PGS) was up 8.49% or 1.32 points to 16.86 in late trade.

Biggest losers included REC Silicon ASA (OL:REC), which lost 5.39% or 0.06 points to trade at 1.07 in late trade. Norsk Hydro ASA (OL:NHY) unchanged 0.00% or 0.00 points to end at 50.25 and Gjensidige Forsikring ASA (OL:GJFS) gained 0.41% or 0.6 points to 145.9.

Advancing stocks outnumbered falling ones by 127 to 42 and 31 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.98% or 0.44 to $45.48 a barrel. Meanwhile, Brent oil for delivery in September rose 0.55% or 0.26 to hit $47.78 a barrel, while the August Gold Futures contract rose 0.51% or 6.21 to trade at $1220.91 a troy ounce.

EUR/NOK was down 0.43% to 9.4519, while USD/NOK rose 0.05% to 8.2829.

The US Dollar Index Futures was up 0.07% at 95.56.

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

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