Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Norway stocks higher at close of trade; Oslo OBX up 0.77%

Published 09/16/2016, 12:05 PM
© Reuters.  Norway stocks higher at close of trade; Oslo OBX up 0.77%

Investing.com – Norway stocks were higher after the close on Friday, as gains in the Food, Beverages & Tobacco, Pharma Biotech & Life Sciences and Diversified Financials sectors led shares higher.

At the close in Oslo, the Oslo OBX gained 0.77%.

The best performers of the session on the Oslo OBX were REC Silicon ASA (OL:REC), which rose 13.93% or 0.15 points to trade at 1.22 at the close. Meanwhile, Seadrill Limited (OL:SDRL) added 11.77% or 2.0 points to end at 18.8 and Orkla ASA (OL:ORK) was up 3.98% or 2.95 points to 77.00 in late trade.

The worst performers of the session were Fred. Olsen Energy ASA (OL:FOE), which fell 2.82% or 0.3 points to trade at 12.1 at the close. Schibsted ASA A (OL:SBSTA) declined 1.48% or 3.6 points to end at 240.0 and Petroleum Geo - Services ASA (OL:PGS) was down 1.28% or 0.21 points to 16.19.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 104 to 72 and 14 ended unchanged.

Shares in Fred. Olsen Energy ASA (OL:FOE) fell to 5-year lows; down 2.82% or 0.3 to 12.1.

Crude oil for October delivery was down 1.96% or 0.86 to $43.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 1.48% or 0.69 to hit $45.90 a barrel, while the December Gold contract fell 0.56% or 7.35 to trade at $1310.65 a troy ounce.

EUR/NOK was up 0.13% to 9.2673, while USD/NOK rose 0.90% to 8.3063.

The US Dollar Index was up 0.76% at 96.00.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.