Norway shares higher at close of trade; Oslo OBX up 0.25%

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Norway shares higher at close of trade; Oslo OBX up 0.25%
Credit: © Reuters.

Investing.com – Norway equities were higher at the close on Monday, as gains in the Materials , Consumer Durables And Apparel and Media sectors propelled shares higher.

At the close in Oslo, the Oslo OBX gained 0.25%.

The biggest gainers of the session on the Oslo OBX were Norsk Hydro ASA (OL: NHY ), which rose 6.62% or 3.02 points to trade at 48.62 at the close. Grieg Seafood (OL: GSFO ) added 3.23% or 2.45 points to end at 78.30 and Schibsted ASA A (OL: SBSTA ) was up 1.27% or 2.7 points to 215.8 in late trade.

Biggest losers included BW LPG Ltd (OL: BWLPG ), which lost 3.41% or 1.16 points to trade at 32.85 in late trade. Questerre Energy Corporation (OL: QEC ) declined 2.98% or 0.17 points to end at 5.53 and Subsea 7 SA (OL: SUBC ) shed 2.30% or 2.3 points to 100.0.

Declining stocks outnumbered rising ones by 98 to 82 and 28 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for May delivery was up 2.06% or 1.28 to $63.34 a barrel. Meanwhile, Brent oil for delivery in June rose 1.95% or 1.31 to hit $68.42 a barrel, while the June Gold Futures contract rose 0.04% or 0.50 to trade at $1336.60 a troy ounce.

EUR/NOK was down 0.31% to 9.5843, while USD/NOK fell 0.61% to 7.7809.

The US Dollar Index Futures was down 0.26% at 89.59.

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