Norway's share market ended Thursday's trading session in positive territory as sector gains pushed the Oslo OBX higher. At the close in Oslo, the Oslo OBX added 0.70% and reached a new all-time high.
Sector performance was led by advances in Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities, which collectively supported the broader uptick in the index.
Top movers on the Oslo OBX
The session's strongest performers included SalMar ASA (OL:SALM), which climbed 3.34% - a rise of 18.50 points - to finish at 573.00. TGS NOPEC Geophysical Company ASA (OL:TGS) added 2.50%, gaining 2.50 points to close at 102.50. Aker BP ASA (OL:AKRBP) was up 2.35%, or 6.50 points, to end the session at 283.20.
Lagging names
On the downside, Nel ASA (OL:NEL) fell 2.77%, losing 0.06 points to trade at 2.18 at the close. Nordic Semiconductor ASA (OL:NOD) declined 2.52%, or 3.30 points, ending at 127.50. Norwegian Air Shuttle ASA (OL:NAS) was down 2.51%, a drop of 0.42 points, to 16.09.
Market breadth on the Oslo Stock Exchange showed more declining issues than advancing ones: 134 stocks fell while 120 rose, and 27 ended unchanged.
Commodities and currencies
Commodity markets registered significant movement during the session. Crude oil for March delivery rose 3.50%, up 2.21, to $65.42 a barrel. Brent oil for April delivery gained 3.15%, or 2.12, closing at $69.49 a barrel. By contrast, the April Gold Futures contract fell 2.54%, a move of 135.59, to trade at $5,204.61 a troy ounce.
In currency trading, EUR/NOK was essentially unchanged, moving 0.01% to 11.46, while USD/NOK rose 0.18% to 9.61. The US Dollar Index Futures advanced 0.05% to 96.32.
Additional market note
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