The main index on the Oslo Stock Exchange ended at 655.34 Wednesday after an increase of 0.73 percent.
Shares and equity certificates traded 3.908 million.
The main index is thus up 2.5 percent last month and 13.8 percent year to date.
Wall Street has opened up after the job figures from the private sector repaid and a lower deficit than expected trade deficit.
Dog’s purchasing managers in services (non-manufacturing ISM) less optimistic than expected.
This said Mario Draghi
Leading European exchanges ended up.
British FTSE 100 rose 0.4 percent, while the German DAX and French CAC 40 gained respectively. 0.8 and 0.6 per cent in the wake of today’s monetary policy meeting of the European Central Bank (ECB).
The rate decision was unexciting, but at the press conference la ECB chief Mario Draghi forward new GDP forecasts for the eurozone for 2015-2017. These were virtually unchanged from March.
About money printing (quantitative easing, QE) stated the Governor that he sees no reason to increase the program.
Debt Negotiations with Greece commented that he had not so much other than the EU, ECB and IMF must enter into a “strong and growth-promoting deal.”
Crude sees red
A stronger dollar also helps that oil prices corrected down after a sharp rise yesterday, although the strength of the correction has slowed throughout the afternoon.
Brent July oil now pulls down 0.9 percent to $ 64.93 a barrel, after having peaked at around $ 65 at closing in Oslo yesterday.
WTI oil falling 0.7 percent to $ 60.85 a barrel.
The signals from OPEC countries before Friday’s Vienna meeting is that it current high production levels to be maintained the next six months.
– There is consensus among OPEC Gulf states, and second, to keep the production ceiling unchanged. No one will create an imbalance. The meeting is expected to be sailing in calm waters, says an OPEC delegate told Reuters in Vienna.
Oljeservice hampered
drop in oil prices hampered oil and oil shares on the Oslo Stock Exchange.
Statoil reacted by falling 0.8 percent to 146.70 kroner at today’s highest volume.
Seadrill pulled down 0.4 percent to 96.95 dollars, while Aker Solutions fell marginally to 46.90 dollars after receiving the first order for an offshore project outside Mexico.
Subsea 7 fell 0.2 percent to 83.85 kroner, while PGS ended down 1.6 percent to 49 , 37 million.
Spectrum, with Øystein Stray Spetalen ownership, continued downturn after yesterday’s fall in the wake of the acquisition and placement Today’s decline was 4.1 percent to 33 million.
Salmon and REC up
On the positive side marked REC Silicon with an increase of 3.6 percent to 1.62 million.
Front Line step ultimately only 0, 9 percent to 21.70 dollars, after having peaked at 22.70 dollars on the highest in today’s trading. OPEC signals of continued high production provides the basis for continued high rates in the future.
Today’s inferences from the Gulf showed however a drop in rates.
Carnegie analyst Marius Gaard still have strong belief in salmon sector, and Marine Harvest gets favoritism in current exchange interview in Finance newspaper. The stock bounced up 2.4 percent to 92.90 dollars.
– Marine Harvest is the market leader in seafood and lately there has been negative sentiment to seafood companies on the stock exchange, especially in the first quarter. But it’s starting to turn a little, said equity strategist Kristian Tunaal DNB Markets to TDN Finans Wednesday.
Salmar fell 6.4 percent (8.00 million) to 117 million, but ended in reality also up since the stock today went ex-dividend of NOK 10.00.
We also take that Norwegian eased 2.2 percent to 317.90 kroner. Pareto believes the company will present solid traffic figures for May Thursday, but also expects double-digit cost blow as a result of the delayed Orlando-plane.
Telenor and DNB ended up respectively. 1.9 percent to 181.20 kroner and 1.4 percent to 137.80 kroner.
Spetalen share turned
Relatively speaking tops Byggma winners and ended in plus’s 9.2 percent to 62.50 dollars.
Hence, the Oslo Axess duo Link Mobility and Serendex Pharmaceuticals rose all 7.0 percent.
We also note that Storebrand climbed 4.3 percent to 29.29 dollars, after Beerenberg Reuters raised the target price to 37.50 dollars and reiterated buy recommendation.
Schibsted A- and B-shares gained respectively. 2.1 percent to 264 kroner and 3.5 percent to 263 million.
– Developments in Spain (with uplifting PMI figures, journ.’s Note) include positive for Schibsted, which has operations there. They feed on ads, which are cyclical, said said Tunaal.
Øystein Stray Spetalen hydrogen initiative NEL was before today high on the list of winners, but ended down 6.3 percent to 1.78 million.
The stock rose 40 percent on Monday after the weekend purchase of Danish H2 Logic for 300 million, and was unchanged yesterday.
At the very top of the list of losers fell two shares double digits.
Oslo Axess-listed Badger Explorer ended down 10.5 per cent to 3.58 million, while NTS fell 11.6 percent to 16.70 million.
Finally, we mention that Bergen Group went back 8.3 percent to 1.10 million.
No comments:
Post a Comment