Norway shares higher at close of trade; Oslo OBX up 0.48%

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Norway shares higher at close of trade; Oslo OBX up 0.48%
Credit: © Reuters.

Investing.com – Norway equities were higher at the close on Tuesday, as gains in the Auto & components , Technology Hardware & Equipment and Materials sectors propelled shares higher.

At the close in Oslo, the Oslo OBX added 0.48%.

The biggest gainers of the session on the Oslo OBX were Golden Ocean Group Ltd (OL: GOGLT ), which rose 3.64% or 2.60 points to trade at 74.10 at the close. Norsk Hydro ASA (OL: NHY ) added 3.43% or 1.57 points to end at 47.30 and Subsea 7 SA (OL: SUBC ) was up 2.73% or 3.4 points to 125.8 in late trade.

Biggest losers included REC Silicon ASA (OL: REC ), which lost 1.70% or 0.01 points to trade at 0.75 in late trade. Marine Harvest ASA (OL: MHG ) declined 1.48% or 2.55 points to end at 169.20 and Telenor ASA (OL: TEL ) shed 0.69% or 1.1 points to 158.5.

Advancing stocks outnumbered falling ones by 103 to 65 and 26 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for September delivery was up 1.47% or 1.00 to $68.89 a barrel. Meanwhile, Brent oil for delivery in September rose 1.08% or 0.79 to hit $73.85 a barrel, while the August Gold Futures contract fell 0.03% or 0.40 to trade at $1225.20 a troy ounce.

EUR/NOK was down 0.28% to 9.5545, while USD/NOK fell 0.23% to 8.1766.

The US Dollar Index Futures was down 0.04% at 94.38.

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