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NAS NEL OBX

Norway stocks higher at close of trade; Oslo OBX up 0.90%

investing.com 20/11/2024 - 15:55 PM

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 gained 0.90% to hit a new all time high.

The best performers of the session on the Oslo OBX were Hoegh Autoliners ASA (OL:HAUTO), which rose 3.57% or 4.70 points to trade at 136.30 at the close. Meanwhile, TGS NOPEC Geophysical Company ASA (OL:TGS) added 3.56% or 3.70 points to end at 107.60 and Hafnia Ltd (OL:HAFNI) was up 3.19% or 1.95 points to 63.00 in late trade.

The worst performers of the session were Nel ASA (OL:NEL), which fell 10.48% or 0.36 points to trade at 3.08 at the close. Norwegian Air Shuttle ASA (OL:NAS) declined 1.63% or 0.18 points to end at 10.83 and Borr Drilling Ltd (OL:BORR) was down 1.55% or 0.68 points to 43.24.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 145 to 133 and 31 ended unchanged.

Shares in Nel ASA (OL:NEL) fell to 5-year lows; falling 10.48% or 0.36 to 3.08.

Crude oil for January delivery was up 0.36% or 0.25 to $69.49 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.26% or 0.19 to hit $73.50 a barrel, while the December Gold Futures contract rose 0.82% or 21.45 to trade at $2,652.45 a troy ounce.

EUR/NOK was up 0.10% to 11.65, while USD/NOK rose 0.94% to 11.07.

The US Dollar Index Futures was up 0.57% at 106.75.




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