Norway shares higher at close of trade; Oslo OBX up 1.16%

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Norway shares higher at close of trade; Oslo OBX up 1.16%
Credit: © Reuters. – Norway equities were higher at the close on Monday, as gains in the Energy , Diversified Financials and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Oslo, the Oslo OBX gained 1.16% to hit a new all time high.

The biggest gainers of the session on the Oslo OBX were DNO International ASA (OL: DNO ), which rose 4.72% or 0.73 points to trade at 16.20 at the close. Equinor ASA (OL: EQNR ) added 3.92% or 8.5 points to end at 225.2 and Subsea 7 SA (OL: SUBC ) was up 3.73% or 4.3 points to 120.8 in late trade.

Biggest losers included REC Silicon ASA (OL: REC ), which lost 7.00% or 0.05 points to trade at 0.65 in late trade. Schibsted ASA A (OL: SBSTA ) declined 2.42% or 7.6 points to end at 306.4 and Norwegian Finans Holding ASA (OL: NOFI ) shed 1.67% or 1.70 points to 100.20.

Declining stocks outnumbered rising ones by 98 to 90 and 21 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was up 2.40% or 1.70 to $72.48 a barrel. Meanwhile, Brent oil for delivery in December rose 2.97% or 2.32 to hit $80.56 a barrel, while the December Gold Futures contract rose 0.38% or 4.60 to trade at $1205.90 a troy ounce.

EUR/NOK was up 0.00% to 9.5748, while USD/NOK fell 0.19% to 8.1316.

The US Dollar Index Futures was down 0.13% at 93.67.

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