Norway shares higher at close of trade; Oslo OBX up 2.76%

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Norway shares higher at close of trade; Oslo OBX up 2.76%
Credit: © Reuters. – Norway equities were higher at the close on Friday, as gains in the Diversified Financials , Materials and Utilities sectors propelled shares higher.

At the close in Oslo, the Oslo OBX rose 2.76%.

The biggest gainers of the session on the Oslo OBX were Petroleum Geo - Services ASA (OL: PGS ), which rose 9.60% or 1.28 points to trade at 14.62 at the close. BW Offshore Ltd (OL: BWO ) added 8.41% or 2.800 points to end at 36.100 and Golden Ocean Group Ltd (OL: GOGLT ) was up 8.07% or 4.15 points to 55.55 in late trade.

Biggest losers included Gjensidige Forsikring ASA (OL: GJFS ), which added 0.30% or 0.4 points to trade at 135.2 in late trade. Norwegian Air Shuttle ASA (OL: NWC ) added 0.79% or 1.35 points to end at 173.05 and Marine Harvest ASA (OL: MOWI ) gained 0.82% or 1.50 points to 184.50.

Advancing stocks outnumbered falling ones by 135 to 50 and 19 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for February delivery was up 2.08% or 0.98 to $48.07 a barrel. Meanwhile, Brent oil for delivery in March rose 2.09% or 1.17 to hit $57.12 a barrel, while the February Gold Futures contract fell 0.55% or 7.10 to trade at $1287.70 a troy ounce.

EUR/NOK was down 0.73% to 9.8257, while USD/NOK fell 0.89% to 8.6111.

The US Dollar Index Futures was down 0.22% at 95.667.

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