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Norway stocks higher at close of trade; Oslo OBX up 0.10%

investing.com 27/11/2024 - 15:55 PM

Norway Stock Market Update

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

At the close in Oslo, the Oslo OBX index rose 0.10%.

Best Performers

  • Hafnia Ltd (OL:HAFNI): +2.34% (1.40 points) to trade at 61.25.
  • Kongsberg Gruppen ASA (OL:KOG): +1.94% (25.00 points) to end at 1,311.00.
  • SalMar ASA (OL:SALM): +1.58% (9.00 points) to 579.00.

Worst Performers

  • Frontline Ltd (OL:FRO): -11.58% (24.15 points) to trade at 184.35, hitting 52-week lows.
  • Golden Ocean Group Ltd (OL:GOGL): -8.74% (10.70 points) to end at 111.75.
  • Hoegh Autoliners ASA (OL:HAUTO): -4.94% (6.40 points) to 123.20.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 146 to 140, with 26 ending unchanged.

Commodities Update

  • Crude oil for January delivery rose 0.15% to $68.87 a barrel.
  • Brent oil for February delivery rose 0.07% to $72.37 a barrel.
  • February Gold Futures rose 0.80% to $2,667.51 a troy ounce.

Currency Update

  • EUR/NOK was down 0.17% to 11.68.
  • USD/NOK fell 0.82% to 11.06.
  • The US Dollar Index Futures was down 0.90% at 106.01.



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