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Norway stocks higher at close of trade; Oslo OBX up 0.28%

Published 01/20/2017, 12:05 PM
Updated 01/20/2017, 12:05 PM
© Reuters.  Norway stocks higher at close of trade; Oslo OBX up 0.28%

© Reuters. Norway stocks higher at close of trade; Oslo OBX up 0.28%

Investing.com – Norway stocks were higher after the close on Friday, as gains in the Transport, Software & Computer Services and Auto & components sectors led shares higher.

At the close in Oslo, the Oslo OBX added 0.28% to hit a new all time high.

The best performers of the session on the Oslo OBX were Subsea 7 SA (OL:SUBC), which rose 5.41% or 5.8 points to trade at 113.1 at the close. Meanwhile, BW LPG Ltd (OL:BWLPG) added 5.15% or 2.22 points to end at 45.32 and Aker Solutions OL (OL:AKSOL) was up 2.78% or 1.25 points to 46.25 in late trade.

The worst performers of the session were REC Silicon ASA (OL:REC), which fell 5.03% or 0.07 points to trade at 1.40 at the close. Seadrill Limited (OL:SDRL) declined 2.22% or 0.6 points to end at 26.5 and Gjensidige Forsikring ASA (OL:GJFS) was down 1.31% or 1.8 points to 136.0.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 120 to 62 and 27 ended unchanged.

Shares in Aker Solutions OL (OL:AKSOL) rose to 52-week highs; up 2.78% or 1.25 to 46.25.

Crude oil for March delivery was up 2.26% or 1.18 to $53.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.38% or 1.29 to hit $55.45 a barrel, while the February Gold contract rose 0.29% or 3.50 to trade at $1205.00 a troy ounce.

EUR/NOK was up 0.04% to 9.0120, while USD/NOK fell 0.17% to 8.4338.

The US Dollar Index was down 0.11% at 100.99.

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