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EQNR NHY OBX TELNY

Norway stocks higher at close of trade; Oslo OBX up 0.26%

investing.com 01/11/2024 - 15:55 PM

Norway Stock Market Update

Investing.com – Norway stocks were higher after the close on Friday, with gains in the Healthcare Equipment & Services, Pharma Biotech & Life Sciences, and Utilities sectors leading to an overall increase.

At the close in Oslo, the Oslo OBX added 0.26%.

Best Performers

  • Nel ASA (OL:NEL): +2.40% or 0.10 points to trade at 4.28
  • Norsk Hydro ASA (OL:NHY): +1.92% or 1.30 points to end at 69.00
  • Telenor ASA (OL:TEL): +1.85% or 2.50 points to 137.60

Worst Performers

  • SalMar ASA (OL:SALM): -2.78% or 15.50 points to trade at 542.50
  • Equinor ASA (OL:EQNR): -1.91% or 5.05 points to end at 259.00
  • Borr Drilling Ltd (OL:BORR): -1.39% or 0.64 points to 45.24

Rising stocks outnumbered declining ones on the Oslo Stock Exchange, with 138 rising, 137 declining, and 31 unchanged.

Shares in Telenor ASA reached 52-week highs (+1.85% or 2.50 to 137.60), while Borr Drilling Ltd fell to 52-week lows (-1.39% or 0.64 to 45.24).

Commodities Update

  • Crude oil for December delivery rose 1.36% or 0.94 to $70.20 a barrel.
  • Brent oil for January delivery increased 1.30% or 0.95 to $73.76 a barrel.
  • December Gold Futures rose 0.18% or 5.05 to trade at $2,754.35 a troy ounce.

Currency Update

  • EUR/NOK: up 0.11% to 11.99
  • USD/NOK: up 0.52% to 11.05
  • US Dollar Index Futures: up 0.20% at 104.08



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