Oslo Børs has recovered after a weak opening. Briefly, the main index fell to below 600 for the first time since August 15.
At lunchtime the main index falling 0.1 percent to 604.02.
Revenue has come up in 1.1 billion.
The main index is thus down 1 per cent last month, while it is up 10.1 percent so far this year.
This is happening in the wake of dark red Wall Street Thursday, and red stock exchanges across the board in Asia Friday.
New Russian caramel
fall in New York was triggered by investors got a new, Russian caramel to chew on.
A bill submitted to the Russian parliament on Wednesday opens that Russia will allow its courts seize foreign assets.
– It will signal a threat to the Kremlin that Russia / USA / Europe-conflict economic might deteriorate further. They signaled its intention to do so, unless negotiations take place, said Jim Russell, senior equity strategist at US Bank Wealth Management to CNBC.
– This is a turn for the worse. It is an unwelcome signal from the Kremlin that this, the restriction of capital flows to Russia, is a possibility, he adds.
New IS-attack, oil prices fall
The oil market is characterized by new IS-attack Friday, now also from French forces, and oil fields in Syria will be struck. The apparent increased geopolitical risks and concerns for production disruptions in refineries is not able to support oil prices.
For there is far too much oil on the market.
– The economy of the world does not look fantastic , says investment director Jonathan Barratt at Ayers Alliance in Sydney told Reuters.
He thinks the price of oil going down further.
November Brent oil falls 0.1 percent to $ 96.88 barrel, while the American WTI oil is marginally up to $ 92.57 a barrel.
Oslo Børs Statoil rises 0.3 percent to 173.50 kroner after gas discovery in the Barents Sea. The discovery is not commercially viable, while the company is still encouraged.
Iraq exposed DNO is up 0.8 percent to 19.71 kroner.
Seadrill downgrade
Seadrill continues downturn and falling new 2.0 percent to 170 million at the highest level so far. Goldman Sachs has a review of rig sector downgraded both Seadrill and Odfjell Drilling and Seadrill to sell.
Read also: Seadrill could fall to 90 million
Odfjell Drilling pulls down 3.6 percent to 26.50 kroner.
Seismic shares are also under pressure, and PGS new fall 2.1 percent to 37.94 kroner.
Brandtzaeg continues Hydro
Svein Richard Brandtzaeg has done an about-face, and discards the helm of Yara to be seated as Hydro-chief. Hydro falling 0.2 percent to 35.31 million, while Yara pulls down 1.1 percent to 315.10 kroner.
Nio continuing recovery
Thursday announced Nio Inc that department in Malta, Candid Gaming Ltd., has signed a software license agreement with Net Entertainment, the world’s biggest online gaming to the gaming industry.
The company mentioned agreement as an important milestone in the company’s gaming initiative.
The stock rose 34 percent. Today exceed the new 11.3 per cent to 79 cents.
The recovery last week’s 49.1 percent.
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