Norway stocks higher at close of trade; Oslo OBX up 0.14%

Aug 06, 2018

Norway stocks were higher after the close on Wednesday, as gains in the Diversified Financials, Auto&components and Utilities sectors led shares higher.

At the close in Oslo, the Oslo OBX gained 0.14%.

The best performers of the session on the Oslo OBX were TGS-NOPEC Geophysical Company ASA (OL:TGS), which rose 4.41% or 14.1 points to trade at 333.6 at the close. Meanwhile, Grieg Seafood (OL:GSFO) added 3.47% or 3.30 points to end at 98.50 and SalMar ASA (OL:SALM) was up 2.73% or 11.40 points to 428.60 in late trade.

The worst performers of the session were REC Silicon ASA (OL:REC), which fell 1.70% or 0.01 points to trade at 0.78 at the close. Yara International ASA (OL:YAR) declined 1.49% or 5.4 points to end at 358.0 and Orkla ASA (OL:ORK) was down 0.66% or 0.46 points to 68.75.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 91 to 86 and 29 ended unchanged.

Shares in TGS-NOPEC Geophysical Company ASA (OL:TGS) rose to all time highs; gaining 4.41% or 14.1 to 333.6.

Crude oil for September delivery was up 1.88% or 1.29 to $69.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.34% or 0.98 to hit $74.19 a barrel, while the December Gold Futures contract fell 0.48% or 5.90 to trade at $1217.30 a troy ounce.

EUR/NOK was down 0.27% to 9.5253, while USD/NOK fell 0.16% to 8.2427.

The US Dollar Index Futures was up 0.18% at 95.20.