Norway stocks higher at close of trade; Oslo OBX up 0.62%

  • January 17, 2025

Investing.com – Norway stocks were higher after the close on Friday, 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 0.62% to hit a new all time high.

The best performers of the session on the Oslo OBX were Nordic Semiconductor ASA (OL: NOD ), which rose 6.12% or 6.70 points to trade at 116.15 at the close. Meanwhile, Nel ASA (OL: NEL ) added 3.49% or 0.08 points to end at 2.25 and Tomra Systems ASA (OL: TOM ) was up 3.37% or 5.00 points to 153.50 in late trade.

The worst performers of the session were Hafnia Ltd (OL: HAFNI ), which fell 5.36% or 3.55 points to trade at 62.70 at the close. Hoegh Autoliners ASA (OL: HAUTO ) declined 4.21% or 4.60 points to end at 104.60 and Frontline Ltd (OL: FRO ) was down 3.07% or 6.30 points to 199.00.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 152 to 122 and 33 ended unchanged.

Crude oil for March delivery was down 0.86% or 0.67 to $77.18 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.78% or 0.63 to hit $80.66 a barrel, while the February Gold Futures contract fell 0.04% or 1.04 to trade at $2,749.86 a troy ounce.

EUR/NOK was up 0.42% to 11.74, while USD/NOK rose 0.42% to 11.40.

The US Dollar Index Futures was up 0.13% at 108.96.