Norway stocks higher at close of trade; Oslo OBX up 0.59%

15/04/2019 17:05:00 Stock Market

Norway stocks were higher after the close on Monday, as gains in the Food, Beverages&Tobacco, Auto&components and Materials sectors led shares higher.

At the close in Oslo, the Oslo OBX added 0.59%.

The best performers of the session on the Oslo OBX were Nel ASA (OL:NEL), which rose 3.71% or 0.220 points to trade at 6.150 at the close. Meanwhile, Grieg Seafood (OL:GSFO) added 3.45% or 3.60 points to end at 107.80 and Norsk Hydro ASA (OL:NHY) was up 3.32% or 1.24 points to 38.59 in late trade.

The worst performers of the session were Petroleum Geo - Services ASA (OL:PGS), which fell 3.76% or 0.78 points to trade at 19.98 at the close. Norwegian Air Shuttle ASA (OL:NWC) declined 3.10% or 1.28 points to end at 40.07 and Aker Solutions OL (OL:AKSOL) was down 2.50% or 1.12 points to 43.74.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 110 to 92 and 32 ended unchanged.

Shares in Nel ASA (OL:NEL) rose to 5-year highs; rising 3.71% or 0.220 to 6.150.

Crude oil for May delivery was down 0.88% or 0.56 to $63.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.61% or 0.44 to hit $71.11 a barrel, while the June Gold Futures contract fell 0.20% or 2.65 to trade at $1292.55 a troy ounce.

EUR/NOK was up 0.07% to 9.6026, while USD/NOK rose 0.07% to 8.4925.

The US Dollar Index Futures was down 0.09% at 96.512.