Investing.com – Norway equities were higher at the close on Monday, as gains in the Auto & components, Pharma Biotech & Life Sciences and Energy sectors propelled shares higher.
At the close in Oslo, the Oslo OBX added 0.91% to hit a new 52-week high.
The biggest gainers of the session on the Oslo OBX were Statoil ASA (OL:STL), which rose 3.59% or 5.0 points to trade at 144.1 at the close. Aker BP ASA (OL:AKERBP) added 3.57% or 4.60 points to end at 133.30 and Subsea 7 SA (OL:SUBC) was up 2.59% or 2.6 points to 102.9 in late trade.
Biggest losers included Schibsted ASA A (OL:SBSTA), which lost 2.02% or 3.8 points to trade at 184.0 in late trade. Schibsted ASA B (OL:SBSTB) declined 1.55% or 2.80 points to end at 177.50 and Petroleum Geo - Services ASA (OL:PGS) shed 1.00% or 0.22 points to 21.88.
Advancing stocks outnumbered falling ones by 96 to 79 and 29 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for January delivery was up 3.80% or 1.76 to $48.12 a barrel. Meanwhile, Brent oil for delivery in January rose 3.78% or 1.77 to hit $48.63 a barrel, while the December Gold contract rose 0.29% or 3.45 to trade at $1212.15 a troy ounce.
EUR/NOK was down 0.29% to 9.0751, while USD/NOK fell 0.63% to 8.5579.
The US Dollar Index was down 0.27% at 101.14.