Oslo Stock Exchange starts the week strong and rising fresh Monday. Benchmark index is writing up 1.45 percent to 371.61.
So far this year OSEBX index down 15.48 percent while one is up 3.97 percent over the last year.
It is so far Monday traded shares and equity certificates in exchange for 1.841 million.
Aker Drilling’s stock “everyone” is talking about Monday and Kjell Inge Røkke-paper rises 97 percent after it has been bid for the company from Transocean. Sevan Drilling and Eitzen Chemical rises too solid.
On Wall Street Friday was very good mood and Asia bourses also rose relatively sturdy Monday morning. Collect index MSCI Asia Pacific raised 1.4 percent while the Nikkei 225 in Japan rose 1.37 percent.
In the latest weekly report from Nordea writes strategists that the OSE is emerging as cheap at current levels.
– Weak growth indicators in the US combined with an unresolved and escalating debt problem in the euro zone has given rise to a sharp correction. Whether this is over is hard to see. We still maintains a positive outlook on the market, supported by attractive valuations, writes Nordea.
Among the shares that rise right now, would you be including The Scottish Salmon Company, Codfarmers, Flex LNG, NEC, said Eitzen Chemical, Sevan Drilling and Aker Drilling.
Eitzen Chemical is up 14.28 percent to 0.32 million while Sevan Drilling rising 16.05 percent to 4.12 million. Despite Monday’s rally, the two fell respectively 42 percent and 16 percent on the Oslo Stock Exchange during the last month.
Today’s major “talking point” is thus Aker, as the closest doubles bids. It was namely Monday morning known that Transocean has made a bid for the shares at NOK 26.50 per share.
The bid is 98 percent above Friday’s closing price and 62 percent above the average price the last 30 days on 16.39 million.
The board of Aker Drilling has unanimously resolved to recommend the offer to shareholders. Other existing shareholders have also accepted the bid, and Transocean has thus hitherto acceptance for 60.5 percent of the total share capital.
Aker Drilling shareholders should be happy with the bid, said analyst Lukas Daul in SEB Enskilda
– The stocks which are going to go most of this news is smaller companies that have capacity on speculation that Pacific Ocean Rig, Asia Offshore Drilling and Prospector Offshore, said Daul to TDN Finans before the stock exchange opens.
Also Inge Rokke’s Aker Kjell is solid up Monday and rising 9.31 percent to 135 kroner.
Statoil rising 0.16 percent to 120.60 kroner while Yara International’s up 2.34 percent and REC is down 0.05 percent so far.
Publicly guns as PGS, Subsea 7 TGS-NOPEC, DnB NOR and Marine Harvest can all enjoy recovery.
Among the shares that fall most are right now among other Idex, Camillo Eitzen, Wentworth Resources, Nexus Floating Production, Blom and Storebrand.
The former falls 9.40 percent to 1.06 kroner while Storebrand is down 2.69 percent to 36.17 kroner.
Aker Drilling, Statoil and DnB NOR is right now the most traded stocks on the exchange.
Oil prices are slightly up Monday, but the price level is about where it was located when the Oslo Stock Exchange closed Friday.
Brent for delivery in October traded Monday afternoon for $ 108.04, up 0.27 per cent in the current day . WTI oil is down 0.07 percent to $ 85.63 per barrel.
When the Oslo Stock Exchange closed down on Friday was North Sea oil traded at $ 108.08.
Concerns that the global economy weakened being offset by lower drop in Japan’s economic growth than expected, writes Bloomberg.
– The market is increasingly nervous. We are facing a week of many economic data. I think the market must endeavor to get started with the week in a positive mood, said Jonathan Barratt, chief of Commodity Broking Services in Sydney, the news service.
Wall Street Journal believes according to TDN Finans that American motorists will experience further decline in gasoline prices, as a result of consuming the backlog of the last weeks’ decline in oil prices, and as a result of further weakening in oil prices.
The brokerage house SEB Enskilda expects that oil and gas companies will increase their investment in exploration and production by 18 percent in 2011 and further to 12 percent in 2012. Pareto Securities are expecting a growth of 16 percent in 2011 and further 15-20 percent in 2012.
It writes brokerages in its annual E & amp; P Surveys published Monday.
More on what happens on the Oslo Stock Exchange here
The key figures and exchange messages here.
Here is corporate and financial news on OBI Online
All the sub-indices on the Oslo Stock Exchange.
All stock tips can be found here.
The last days of technical analysis.
Europe and Asia This is what happens on the stock exchanges in Asia
This is what happens on the stock exchanges in Europe
New York Here are the winners / losers on NYSE
The winners and losers on the Nasdaq.
The various indices and the various sectors.
Key figures from trade.
No comments:
Post a Comment