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Norway stocks higher at close of trade; Oslo OBX up 1.02%

Published 08/16/2019, 01:05 PM
Updated 08/16/2019, 01:05 PM
© Reuters.  Norway stocks higher at close of trade; Oslo OBX up 1.02%

Investing.com – Norway stocks were higher after the close on Friday, as gains in the Auto & components, Food, Beverages & Tobacco and Capital Goods sectors led shares higher.

At the close in Oslo, the Oslo OBX added 1.02%.

The best performers of the session on the Oslo OBX were Nel ASA (OL:NEL), which rose 9.10% or 0.540 points to trade at 6.415 at the close. Meanwhile, Golden Ocean Group Ltd (OL:GOGLT) added 4.58% or 2.14 points to end at 48.90 and Leroy Seafood Group ASA (OL:LSG) was up 4.54% or 2.70 points to 62.20 in late trade.

The worst performers of the session were DNO International ASA (OL:DNO), which fell 2.79% or 0.32 points to trade at 11.31 at the close. Norsk Hydro ASA (OL:NHY) declined 1.08% or 0.29 points to end at 26.49 and Norwegian Air Shuttle ASA (OL:NWC) was down 1.07% or 0.34 points to 31.58.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 149 to 61 and 24 ended unchanged.

Shares in DNO International ASA (OL:DNO) fell to 52-week lows; down 2.79% or 0.32 to 11.31. Shares in Norsk Hydro ASA (OL:NHY) fell to 3-years lows; losing 1.08% or 0.29 to 26.49.

Crude oil for September delivery was up 0.20% or 0.11 to $54.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.41% or 0.24 to hit $58.47 a barrel, while the December Gold Futures contract fell 0.50% or 7.65 to trade at $1523.55 a troy ounce.

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EUR/NOK was down 0.29% to 9.9857, while USD/NOK fell 0.20% to 9.0000.

The US Dollar Index Futures was up 0.03% at 98.035.

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