Norway stocks higher at close of trade; Oslo OBX up 0.30%

  • May 5, 2025

Investing.com – 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 0.30% to hit a new 1-month high.

The best performers of the session on the Oslo OBX were Frontline Ltd (OL: FRO ), which rose 4.70% or 8.30 points to trade at 185.00 at the close. Meanwhile, Hafnia Ltd (OL: HAFNI ) added 4.70% or 2.28 points to end at 50.84 and Nel ASA (OL: NEL ) was up 3.43% or 0.08 points to 2.29 in late trade.

The worst performers of the session were SalMar ASA (OL: SALM ), which fell 2.59% or 13.50 points to trade at 508.00 at the close. Var Energi ASA (OL: VAR ) declined 2.16% or 0.61 points to end at 27.66 and TGS NOPEC Geophysical Company ASA (OL: TGS ) was down 1.34% or 1.05 points to 77.10.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 146 to 128 and 26 ended unchanged.

Crude oil for June delivery was down 2.78% or 1.62 to $56.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 2.48% or 1.52 to hit $59.77 a barrel, while the June Gold Futures contract rose 2.45% or 79.41 to trade at $3,322.71 a troy ounce.

EUR/NOK was up 0.26% to 11.77, while USD/NOK fell 0.13% to 10.38.

The US Dollar Index Futures was down 0.39% at 99.45.