Norway Stocks Rise

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 0.11%.

Best Performers

The best performers of the session on the Oslo OBX were:
– Telenor ASA (OL:TEL), which rose 5.04% or 6.60 points to trade at 137.50 at the close.
– Aker BP ASA (OL:AKRBP) added 4.08% or 9.20 points to end at 234.50.
– Norwegian Air Shuttle ASA (OL:NAS) was up 3.06% or 0.31 points to 10.44 in late trade.

Worst Performers

The worst performers of the session were:
– Nel ASA (OL:NEL), which fell 5.72% or 0.26 points to trade at 4.23 at the close.
– Hoegh Autoliners ASA (OL:HAUTO) declined 4.36% or 5.30 points to end at 116.20.
– Borr Drilling Ltd (OL:BORR) was down 4.23% or 2.04 points to 46.22.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 154 to 136, and 17 ended unchanged.

Shares in Telenor ASA (OL:TEL) rose to 52-week highs, gaining 5.04% or 6.60 to 137.50. Meanwhile, shares in Borr Drilling Ltd (OL:BORR) fell to 52-week lows, down 4.23% or 2.04 to 46.22.

Commodities

Crude oil for December delivery was up 2.57% or 1.73 to $68.94 a barrel. Elsewhere in commodities trading:
– Brent oil for delivery in January rose 2.42% or 1.71 to hit $72.44 a barrel.
– The December Gold Futures contract rose 0.55% or 15.20 to trade at $2,796.30 a troy ounce.

Currency Exchange

• EUR/NOK was up 0.28% to 11.89.
• USD/NOK fell 0.09% to 10.94.

The US Dollar Index Futures was down 0.29% at 103.89.