The mood has faded since opening, but the Oslo Stock Exchange remains in the positive terrain on Monday.
The main index is currently at 602.46, after rising by 0.25 percent.
Shares and equity certificates are sold for 1.220 million.
The main index is thus down 3.0 percent last month, but up 9.9 percent so far this year.
Development happens in the aftermath of the fall on Wall Street Friday and mixed exchanges in Asia. China drew down on weak housing numbers.
We recall that Arne Fredly today’s guest in Economy News on HegnarTV. The broadcast starts at 15:30.
Discusses ceasefire in Berlin
In Europe, investors somewhat relieved after the Russia / Ukraine dispute seemed to escalate Friday.
British FTSE 100 rises 0.5 percent, the German DAX 1.3 percent, while the French CAC 40 is gaining one percent.
The foreign ministers of Russia , Ukraine, Germany and France are gathered in Berlin to discuss the conflict in the east.
Russian Foreign Minister Sergei Lavrov, according to Reuters stated that no progress had been made in terms of a ceasefire, but that all issues associated with the Russian humanitarian convoy to Ukraine had been resolved.
– There is no hope that they get a gain diplomatic. But the two wings are still far away from a diplomatic solution, and it should not be a trigger for the sell-off in German government bonds, said interest strategist Nick Stam Kovic at RIA Capital Markets said.
Iraq relief lift DNO
Lower geopolitical risk are also spreading to the oil market – in terms of price declines.
Brent Sept. oil goes back 1.3 percent to $ 102.24 a barrel, while WTI- oil is down 1.0 percent to $ 96.37 a barrel.
Meanwhile, Libya contributed on the supply side to increase production by 535,000 barrels per day.
In addition, falls tilbudsbekymringene on behalf Iraq, as Kurdish and American forces are on the offensive against IS (Islamic state).
The latter factor helps lift Iraq exposed DNO 3.7 percent to 18.88 million at today’s highest ever volume . It probably helps that more and more Kurdish oil comes out on the world markets.
Statoil falls on its side 0.1 percent to 172.40 kroner.
Rock Source -rally
But there is a third oil stock that steal the headlines Monday.
Rock Source pops up 41.4 percent to 5.25 million at the news that a financial investor now seeking to purchase 29,511,450 shares of the Company at a price of six cents apiece, equivalent to 177 million.
This corresponds to approximately 30 percent of the company’s stock based on 98,371,500 issued shares.
The price represents a premium of 64 percent from Friday’s closing price.
Closest to the winners follows Agasti plus 10.7 percent to 1.66 million, while Archer turns up 6.7 percent at 10.40 after Vice Chairman Tor Olav Trøims Friday increased exposure.
SEB cuts in seismic
Among the most traded the results are so far relatively modest.
Songa Offshore distinguish themselves positively with a rise of 4.1 percent to 2.56 million.
Otherwise shares as Marine Harvest, Seadrill, Yara and Schibsted up 2.1 percent.
On the negative side falls Aker Solutions stalling percentage.
TGS and Polarcus pull something down after a downgrade of seismic sector from SEB.
Taper list is topped by Oslo Axess-listed PCI Biotech at minus 11.2 percent to 22.10 million.
We also seismic player Seabird Exploration, which returns 5.4 percent to 1.39 million.
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