Norway stocks higher at close of trade; Oslo OBX up 1.29%

Investing.com – Norway stocks were higher after the close on Wednesday, as gains in the Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities sectors led shares higher.

At the close in Oslo, the Oslo OBX rose 1.29% to hit a new 1-month high.

The best performers of the session on the Oslo OBX were Var Energi ASA (OL:VAR), which rose 5.10% or 1.72 points to trade at 35.42 at the close. Meanwhile, Aker BP ASA (OL:AKRBP) added 4.18% or 9.70 points to end at 242.00 and Equinor ASA (OL:EQNR) was up 3.79% or 10.30 points to 282.05 in late trade.

The worst performers of the session were TGS NOPEC Geophysical Company ASA (OL:TGS), which fell 4.48% or 4.50 points to trade at 96.00 at the close. Norwegian Air Shuttle ASA (OL:NAS) declined 4.14% or 0.52 points to end at 12.06 and Nel ASA (OL:NEL) was down 3.58% or 0.17 points to 4.52.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 159 to 131 and 21 ended unchanged.

Crude oil for November delivery was up 1.83% or 1.28 to $71.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.69% or 1.24 to hit $74.80 a barrel, while the December Gold Futures contract fell 0.69% or 18.60 to trade at $2,671.70 a troy ounce.

EUR/NOK was down 0.54% to 11.68, while USD/NOK fell 0.15% to 10.58.

The US Dollar Index Futures was up 0.48% at 101.42.