Investing.com – Norway stocks were higher after the close on Monday, as gains in the Materials, Auto & components and Diversified Financials sectors led shares higher.
At the close in Oslo, the Oslo OBX gained 0.13% to hit a new 52-week high.
The best performers of the session on the Oslo OBX were Norsk Hydro ASA (OL:NHY), which rose 2.29% or 0.80 points to trade at 35.77 at the close. Meanwhile, Bw Lpg (OL:BWLPG) added 2.22% or 0.56 points to end at 25.80 and Subsea 7 SA (OL:SUBC) was up 1.04% or 0.9 points to 92.2 in late trade.
The worst performers of the session were Seadrill Limited (OL:SDRL), which fell 3.22% or 0.6 points to trade at 18.6 at the close. Petroleum Geo - Services ASA (OL:PGS) declined 2.97% or 0.75 points to end at 24.54 and Frontline Ltd (OL:FRO) was down 2.35% or 1.50 points to 62.40.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 93 to 77 and 32 ended unchanged.
Crude oil for December delivery was down 1.38% or 0.70 to $50.15 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.31% or 0.68 to hit $51.10 a barrel, while the December Gold contract fell 0.39% or 4.95 to trade at $1262.75 a troy ounce.
EUR/NOK was down 0.10% to 8.9817, while USD/NOK fell 0.12% to 8.2508.
The US Dollar Index was up 0.10% at 98.72.