It was the same result for Olympiakos Piraeus whose 0-0 draw at Omonoia Nicosia was enough for a 2-0 overall victory against the Cypriots.
Ferencvaros snatched a fortuitous high-scoring draw in Norway and rode their luck again in Budapest as the visitors missed several chances to advance.
Molde’s Etzaz Hussain blazed a shot that was deflected over the bar from close range in the 55th minute.
That was before Erik Hestad spurned a gilt-edged opportunity in the 76th minute, with goalkeeper Denes Dibusz pulling off a fine save.
Substitute Ola Brynhildsen shot inches wide in the dying minutes as Molde piled the pressure on by pounding long balls and crosses into the Ferencvaros penalty area.
But the home side’s packed defence held firm.
Dynamo’s Vitaliy Buyalskiy put them ahead with a classy backheel in the ninth minute, before talented midfielder Mykola Shaparenko rattled the post with a superb volley from 20 metres.
Carlos De Pena netted the first of Dynamo’s two penalty kicks to make it 2-0.
He rifled in a low penalty kick in the 36th minute after Gent defender Igor Plastun handled a Gerson Rodrigues cross.
Olympiakos made light work of eliminating Omonoia as they never looked in danger of losing their two-goal advantage from the first leg.
Home goalkeeper Fabiano made a string of good saves to deny the Greeks an even bigger aggregate win.
In Wednesday’s matches, Krasnodar defend a 2-1 first-leg lead at PAOK Salonika.
Midtjylland host Slavia Prague after a goalless stalemate in the Czech Republic, while Salzburg entertain Maccabi Tel Aviv after beating them 2-1 in Israel.