Norwegian equities finished the trading day in positive territory on Tuesday, with the Oslo OBX rising 0.07% at the close. Strength in the Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities sectors underpinned the modest advance.
On the Oslo OBX, Nel ASA (OL:NEL) led the winners, climbing 4.60% or 0.16 points to finish at 3.64. Norsk Hydro ASA (OL:NHY) added 4.32% or 4.95 points to close at 119.45, while Nordic Semiconductor ASA (OL:NOD) gained 3.56% or 7.10 points to end the session at 206.40.
At the other end of the board, Cmb.Tech NV (OL:CMBT) dropped 4.14% or 6.00 points to finish at 138.80. Kongsberg Gruppen ASA (OL:KOG) fell 2.23% or 7.20 points to close at 315.70, and SalMar ASA (OL:SALM) moved lower by 1.41% or 8.00 points to 561.00.
Market breadth on the Oslo Stock Exchange was tilted toward decliners: 151 stocks fell versus 101 that advanced, while 26 issues were unchanged.
Norsk Hydro recorded an all-time high during the session, with its share price reaching 119.45 after a 4.32% advance.
Commodity markets showed mixed direction at the close. Crude oil for July delivery was trading down 0.16% or 0.15 at $92.01 a barrel. Brent oil for August delivery was up 0.04% or 0.04, reaching $95.02 a barrel. The August Gold Futures contract rose 0.59% or 26.50 to trade at $4,532.80 a troy ounce.
On the foreign exchange front, EUR/NOK was higher by 0.17% at 10.80, while USD/NOK was effectively unchanged, up 0.05% at 9.27. The US Dollar Index Futures was lower by 0.06%, trading at 99.08.
Overall, the session closed with a narrow gain for the Oslo OBX amid an uneven internal picture of winners and losers and relatively small moves in commodity and currency markets.