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Norway stocks higher at close of trade; Oslo OBX up 2.58%

2025.01.02 11:00

Norway stocks higher at close of trade; Oslo OBX up 2.58%

Investing.com – Norway stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher.

At the close in Oslo, the added 2.58%.

The best performers of the session on the were Frontline Ltd (OL:), which rose 8.46% or 13.25 points to trade at 169.80 at the close. Meanwhile, Golden Ocean Group Ltd (OL:) added 6.75% or 6.72 points to end at 106.30 and Hafnia Ltd (OL:) was up 6.58% or 4.00 points to 64.75 in late trade.

The worst performers of the session were Kongsberg Gruppen ASA (OL:), which fell 0.55% or 7.00 points to trade at 1,273.00 at the close. Borr Drilling Ltd (OL:) unchanged 0.00% or 0.00 points to end at 40.56 and Storebrand ASA (OL:) was up 0.33% or 0.40 points to 121.60.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 200 to 78 and 26 ended unchanged.

Crude oil for February delivery was up 2.26% or 1.62 to $73.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.05% or 1.53 to hit $76.17 a barrel, while the February Gold Futures contract rose 0.96% or 25.34 to trade at $2,666.34 a troy ounce.

EUR/NOK was down 0.66% to 11.68, while USD/NOK rose 0.11% to 11.37.

The US Dollar Index Futures was up 0.63% at 108.97.



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