Norway shares higher at close of trade; Oslo OBX up 0.50%

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Norway shares higher at close of trade; Oslo OBX up 0.50%
Credit: © Reuters.

Investing.com – Norway equities were higher at the close on Friday, as gains in the Utilities , Materials and Diversified Financials sectors propelled shares higher.

At the close in Oslo, the Oslo OBX added 0.50% to hit a new all time high.

The biggest gainers of the session on the Oslo OBX were Questerre Energy Corporation (OL: QEC ), which rose 5.73% or 0.32 points to trade at 5.90 at the close. Norwegian Finans Holding ASA (OL: NOFI ) added 3.98% or 3.60 points to end at 94.05 and DNO International ASA (OL: DNO ) was up 2.74% or 0.38 points to 14.07 in late trade.

Biggest losers included BW LPG Ltd (OL: BWLPG ), which lost 4.28% or 1.34 points to trade at 30.00 in late trade. Orkla ASA (OL: ORK ) declined 3.37% or 2.82 points to end at 80.86 and Schibsted ASA A (OL: SBSTA ) shed 1.06% or 2.3 points to 215.5.

Advancing stocks outnumbered falling ones by 127 to 55 and 22 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.76% or 0.51 to $67.58 a barrel. Meanwhile, Brent oil for delivery in June rose 1.08% or 0.78 to hit $72.80 a barrel, while the June Gold Futures contract rose 0.48% or 6.50 to trade at $1348.40 a troy ounce.

EUR/NOK was down 0.13% to 9.5667, while USD/NOK fell 0.08% to 7.7649.

The US Dollar Index Futures was up 0.04% at 89.53.

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