Investment Education

– 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 0.10%.

The best performers of the session on the Oslo OBX were Hafnia Ltd (OL: HAFNI ), which rose 2.34% or 1.40 points to trade at 61.25 at the close. Meanwhile, Kongsberg Gruppen ASA (OL: KOG ) added 1.94% or 25.00 points to end at 1,311.00 and SalMar ASA (OL: SALM ) was up 1.58% or 9.00 points to 579.00 in late trade.

The worst performers of the session were Frontline Ltd (OL: FRO ), which fell 11.58% or 24.15 points to trade at 184.35 at the close. Golden Ocean Group Ltd (OL: GOGL ) declined 8.74% or 10.70 points to end at 111.75 and Hoegh Autoliners ASA (OL: HAUTO ) was down 4.94% or 6.40 points to 123.20.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 146 to 140 and 26 ended unchanged.

Shares in Frontline Ltd (OL: FRO ) fell to 52-week lows; losing 11.58% or 24.15 to 184.35.

Crude oil for January delivery was up 0.15% or 0.10 to $68.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.07% or 0.05 to hit $72.37 a barrel, while the February Gold Futures contract rose 0.80% or 21.21 to trade at $2,667.51 a troy ounce.

EUR/NOK was down 0.17% to 11.68, while USD/NOK fell 0.82% to 11.06.

The US Dollar Index Futures was down 0.90% at 106.01.