Norway stocks higher at close of trade; Oslo OBX up 1.23%

Norway stocks were higher after the close on Monday, 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 1.23%.

The best performers of the session on the Oslo OBX were Subsea 7 SA (OL:SUBC), which rose 4.27% or 13.00 points to trade at 317.80 at the close. Meanwhile, Kongsberg Gruppen ASA (OL:KOG) added 4.23% or 14.20 points to end at 349.60 and Nordic Semiconductor ASA (OL:NOD) was up 4.01% or 6.80 points to 176.40 in late trade.

The worst performers of the session were Equinor ASA (OL:EQNR), which fell 2.58% or 10.20 points to trade at 384.70 at the close. Aker BP ASA (OL:AKRBP) declined 1.20% or 3.80 points to end at 313.00 and Var Energi ASA (OL:VAR) was up 0.02% or 0.01 points to 49.54.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 179 to 84 and 17 ended unchanged.

Crude oil for December delivery was down 2.93% or 2.66 to $88.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 3.59% or 3.53 to hit $94.79 a barrel, while the December Gold Futures contract rose 1.35% or 55.20 to trade at $4,130.10 a troy ounce.

EUR/NOK was unchanged 0.02% to 10.54, while USD/NOK fell 0.42% to 9.41.

The US Dollar Index Futures was down 0.37% at 101.80.