Investing.com – Norway equities were higher at the close on Friday, as gains in the Telecoms, Utilities and Pharma Biotech & Life Sciences sectors propelled shares higher.
At the close in Oslo, the Oslo OBX rose 0.01% to hit a new 52-week high.
The biggest gainers of the session on the Oslo OBX were Seadrill Limited (OL:SDRL), which rose 2.87% or 0.7 points to trade at 23.3 at the close. Marine Harvest ASA (OL:MHG) added 2.12% or 3.20 points to end at 154.00 and Telenor ASA (OL:TEL) was up 1.85% or 2.3 points to 126.9 in late trade.
Biggest losers included Petroleum Geo - Services ASA (OL:PGS), which lost 3.16% or 0.78 points to trade at 23.92 in late trade. Subsea 7 SA (OL:SUBC) declined 2.90% or 3.0 points to end at 100.5 and Aker BP ASA (OL:AKERBP) shed 2.58% or 3.50 points to 132.40.
Declining stocks outnumbered rising ones by 99 to 83 and 41 ended unchanged on the Oslo Stock Exchange.
In commodities trading, Crude oil for January delivery was down 3.52% or 1.69 to $46.27 a barrel. Meanwhile, Brent oil for delivery in January fell 3.39% or 1.66 to hit $47.34 a barrel, while the December Gold contract fell 0.79% or 9.45 to trade at $1179.85 a troy ounce.
EUR/NOK was up 0.13% to 9.0859, while USD/NOK fell 0.22% to 8.5793.
The US Dollar Index was down 0.21% at 101.56.