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Norway’s OBX index rises 0.31% to three-month high

Advancing stocks outnumbered decliners by 149 to 107 as Nordic Semiconductor led gains. Oil and gold futures fell during the session.

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Priya Anand · Equities & Earnings Desk · 29 Aug 2026 · 21:10 · 1 min read
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Norway’s OBX index rises 0.31% to three-month high

Norway’s benchmark OBX index closed 0.31% higher on Tuesday, August 25, 2026, reaching its highest level in three months. The advance was supported by gains in healthcare equipment, pharmaceuticals and utilities.

Advancing stocks outnumbered declining issues by 149 to 107, with 21 issues unchanged at the close of trade in Oslo. Nordic Semiconductor ASA led the advancers, rising 3.45% to 165.00. Nel ASA added 3.16% to 2.13, while SalMar ASA climbed 2.64% to 544.00.

Among the decliners, Frontline Ltd fell 2.46% to 400.50, Equinor ASA dropped 1.24% to 389.90 and Orkla ASA declined 1.08% to 96.05.

Commodity markets moved lower during the session. October crude oil futures fell 3.05% to $82.42 per barrel, while November Brent crude declined 2.95% to $87.87 per barrel. December gold futures slipped 0.13% to $4,691.86 per troy ounce.

The Norwegian krone strengthened against major currencies. The euro rose 0.22% to 10.87 per euro, while the U.S. dollar gained 0.30% to 9.32 per dollar. The U.S. Dollar Index futures were little changed, down 0.02% at 98.91.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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