Investing.com – Norway stocks were higher after the close on Monday, as gains in the Materials, Consumer Durables And Apparel and Utilities sectors led shares higher.
At the close in Oslo, the Oslo OBX added 0.08%.
The best performers of the session on the Oslo OBX were Frontline Ltd (OL:FRO), which rose 1.67% or 0.81 points to trade at 49.21 at the close. Meanwhile, Yara International ASA (OL:YAR) added 1.55% or 5.0 points to end at 328.0 and Norsk Hydro ASA (OL:NHY) was up 0.80% or 0.38 points to 47.86 in late trade.
The worst performers of the session were Seadrill Limited (OL:SDRL), which fell 12.83% or 0.57 points to trade at 3.90 at the close. Petroleum Geo - Services ASA (OL:PGS) declined 3.27% or 0.68 points to end at 20.12 and Schibsted ASA B (OL:SBSTB) was down 1.04% or 2.00 points to 190.00.
Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 113 to 65 and 17 ended unchanged.
Shares in Seadrill Limited (OL:SDRL) fell to all time lows; falling 12.83% or 0.57 to 3.90.
Crude oil for July delivery was up 0.82% or 0.41 to $50.21 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.70% or 0.37 to hit $52.88 a barrel, while the June Gold Futures contract fell 0.08% or 1.01 to trade at $1267.09 a troy ounce.
EUR/NOK was up 0.27% to 9.3939, while USD/NOK rose 0.28% to 8.4032.
The US Dollar Index Futures was down 0.04% at 97.29.