The Oslo Stock Exchange opened in positive territory on Tuesday, buoyed by strong performance in the defence and energy sectors.

Kongsberg Gruppen and Equinor were among the key contributors to the early advance, lifting the broader index as investors responded to improving global risk sentiment.

The rally in Oslo aligns with a wider trend across international equity markets.

US indices extended a multi-day rally into Tuesday's session, with the S&P 500 and Nasdaq Composite both posting early gains.

This broadening risk-on mood has been supported by diplomatic developments, including a reported pause in hostilities between the United States and Iran, which has helped ease geopolitical tensions and lower risk premiums.

For Norwegian investors, the strength in Kongsberg and Equinor reflects the continued appeal of domestic champions in defence and energy.