Investing.com – Norway equities were higher at the close on Wednesday, as gains in the Insurance, Banking and Diversified Financials sectors propelled shares higher.
At the close in Oslo, the Oslo OBX rose 0.19% to hit a new 1-month high.
The biggest gainers of the session on the Oslo OBX were REC Silicon ASA (OL:REC), which rose 8.71% or 0.09 points to trade at 1.15 at the close. Storebrand ASA (OL:STB) added 4.04% or 1.61 points to end at 38.56 and Akastor ASA (OL:AKAS) was up 3.21% or 0.3 points to 9.0 in late trade.
Biggest losers included Fred. Olsen Energy ASA (OL:FOE), which lost 4.96% or 0.6 points to trade at 11.5 in late trade. Orkla ASA (OL:ORK) declined 2.22% or 1.85 points to end at 81.55 and Schibsted ASA A (OL:SBSTA) shed 1.67% or 3.7 points to 217.3.
Advancing stocks outnumbered falling ones by 95 to 80 and 31 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for November delivery was up 2.16% or 1.05 to $49.74 a barrel. Meanwhile, Brent oil for delivery in December rose 1.91% or 0.97 to hit $51.84 a barrel, while the December Gold contract fell 0.14% or 1.75 to trade at $1267.95 a troy ounce.
EUR/NOK was up 0.27% to 8.9961, while USD/NOK rose 0.35% to 8.0351.
The US Dollar Index was up 0.11% at 96.21.