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NORWEGIAN STOCKS-Gjensidige shares gain in wide upturn

Stock Markets Aug 20, 2018 05:50
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© Reuters. NORWEGIAN STOCKS-Gjensidige shares gain in wide upturn
 
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OSLO, Aug 20 (Reuters) -

* Norwegian shares traded up on Monday

* Oslo's benchmark index .OSEBX rose 1.33 pct, or 11.79 points, to 901.67 points and was up by 9.26 pct year-to-date

* The broader Oslo All Share Index .OSEAX was up 1.34 percent

* Brent crude futures LCOc1 , a trigger for the oil heavy Oslo Bourse, rose $0.28 to $72.11 a barrel O/R

* Among the biggest firms on the Oslo Bourse, Equinor EQNR.OL rose 1.41 pct, Telenor TEL.OL rose 1.09 pct and DNB DNB.OL rose 0.69 pct

* Turnover at the Oslo Bourse was 1.2 billion Norwegian crowns and most traded shares were Marine Harvest MHG.OL , DNO DNO.OL and Equinor EQNR.OL

* Shares of Gjensidige Forsikring ASA GJFS.OL GJFS.OL were up 3.35 pct to NOK 138.7 at 09:14 GMT.

* Gjensidige Forsikring: DNB Markets raises recommendation to buy from hold Shares of oil services firm Subsea 7 SUBC.OL were up 2.82 pct to NOK 113

* Subsea 7 has won an offshore contract worth between $150 million and $300 mln Hoegh LNG shares rise 4.2 pct after winning a tender to supply a floating LNG import terminal in Australia Biggest gainers: Hexagon Composites ASA 3.58 pct, PCI Biotech Holding ASA 3.48 pct and Gaming Innovation Group Inc 3.41 pct

* Biggest losers: Questerre Energy Corp QEC.OL -11.92 pct, Idex ASA IDEX.OL -4.60 pct and Thin Film Electronics ASA THIN.OL -3.38 pct

* Questerre QEC.OL QEC.TO : A new petroleum law is implemented in Quebec Abroad European shares .FTEU3 rose 0.58 pct, Japan's main share index Nikkei .N225 ended down -0.32 pct, while in China Shanghai index .SSEC was up 1.11 pct and Dow Jones index .DJI in the United States 0.43 pct on Friday

NORWEGIAN STOCKS-Gjensidige shares gain in wide upturn
 

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