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Norway stocks higher at close of trade; Oslo OBX up 0.42%

Published 2015-07-16, 12:05 p/m
Norway stocks higher at close of trade; Oslo OBX up 0.42%

Investing.com – Norway stocks were higher after the close on Thursday, as gains in the Consumer Durables And Apparel, Commercial Service And Supplies and Food, Beverages & Tobacco sectors led shares higher.

At the close in Oslo, the Oslo OBX added 0.42% to hit a new 1-month high.

The best performers of the session on the Oslo OBX were Renewable Energy Corporation ASA (OSLO:REC), which rose 20.26% or 0.32 points to trade at 1.92 at the close. Meanwhile, Marine Harvest ASA (OSLO:MHG) added 3.64% or 3.50 points to end at 99.55 and Opera Software ASA (OSLO:OPERA) was up 2.86% or 2.00 points to 65.00 in late trade.

The worst performers of the session were Fred. Olsen Energy ASA (OSLO:FOE), which fell 2.54% or 1.3 points to trade at 48.4 at the close. Seadrill Limited (OSLO:SDRL) declined 2.29% or 1.9 points to end at 79.0 and Petroleum Geo - Services ASA (OSLO:PGS) was down 1.58% or 0.66 points to 41.15.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 115 to 61 and 6 ended unchanged.

Shares in Fred. Olsen Energy ASA (OSLO:FOE) fell to 5-year lows; losing 2.54% or 1.3 to 48.4.

Crude oil for August delivery was up 0.08% or 0.04 to $51.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.55% or 0.32 to hit $57.44 a barrel, while the August Gold contract fell 0.32% or 3.70 to trade at $1143.70 a troy ounce.

EUR/NOK was down 0.72% to 8.8652, while USD/NOK fell 0.21% to 8.1375.

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The US Dollar Index was up 0.38% at 97.66.

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