This post demonstrates hovering over features on a map and setting their borders to blue. Basically this repurposes the OL3 Box Selection Demo to use an ol3.interaction.Select interaction instead of click/drag box interactions. There’s some notes at the bottom about using map.on('pointermove') for an alternative way of doing it.
Move your mouse around. When you hover over a country, its border goes blue.
Script
An alternative approach could be to use the technique, which gives you a bit more control over styling (but does not unhover the features). It lets you access the feature directly if you want to manipulate it (eg get its coordinates, etc):