Norway shares higher at close of trade; Oslo OBX up 1.75%

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Norway shares higher at close of trade; Oslo OBX up 1.75%
Credit: © Reuters. – Norway equities were higher at the close on Friday, as gains in the Diversified Financials , Commercial Service And Supplies and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Oslo, the Oslo OBX gained 1.75% to hit a new 1-month high.

The biggest gainers of the session on the Oslo OBX were Petroleum Geo - Services ASA (OL: PGS ), which rose 5.83% or 1.02 points to trade at 18.43 at the close. Norwegian Air Shuttle ASA (OL: NWC ) added 4.92% or 8.05 points to end at 171.65 and Aker ASA (OL: AKER ) was up 4.51% or 26.0 points to 602.0 in late trade.

Biggest losers included Norsk Hydro ASA (OL: NHY ), which lost 0.27% or 0.11 points to trade at 39.58 in late trade. Telenor ASA (OL: TEL ) added 0.03% or 0.1 points to end at 166.3 and Yara International ASA (OL: YAR ) gained 0.17% or 0.6 points to 357.1.

Advancing stocks outnumbered falling ones by 122 to 58 and 31 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for February delivery was up 2.94% or 1.53 to $53.60 a barrel. Meanwhile, Brent oil for delivery in March rose 2.39% or 1.46 to hit $62.64 a barrel, while the February Gold Futures contract fell 0.78% or 10.05 to trade at $1282.25 a troy ounce.

EUR/NOK was down 0.20% to 9.7206, while USD/NOK rose 0.09% to 8.5565.

The US Dollar Index Futures was up 0.31% at 96.005.

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