The main index ended up 1.5 percent to 560.61 Friday That means the stock exchange is down 8.1 percent so far in 2016, but up 1.5 percent over the past week.
The turnover ended at NOK 4.5 billion.
– Risk appetite in the market
Head of commodity analysis Bjarne Schieldrop at SEB said the TDN Finans that there may now be some risk appetite to track the market. He points out that global equity markets have risen last week.
– Investors may think that the next rate hike in the United States is postponed until further notice and that the market can continue to live with good access to liquidity and low interest rates, says Schieldrop .
important US century
Investors waited long in anticipation for the month important labor market report (non farm payrolls) from the United States.
it came in weaker than expected and showed that it was created 151,000 new jobs outside the agricultural sector in the US in January, the labor market report (non-farm payrolls).
They were told Reuters expected the creation of 190,000 new jobs .
the unemployment rate was 4.9 percent, against the expected 5.0 percent.
Volatile oil prices
Oil prices fluctuated during by Friday. At the highest was Brent April oil up to $ 35.14 a barrel, while the last entry is $ 34.36, down 0.2 percent. The price was around $ 35.60 a barrel as stock market closed Thursday.
The American WTI oil traded for $ 31.64 a barrel.
Statoil led
Statoil gained new 2.3 per cent in the wake of the presentation Thursday. Final Listing sounds at 121.70 kroner. There are only a few weeks ago the stock was down in the 90′s. Yesterday the stock rose just over nine percent, the third best day of the company’s stock exchange history.
Otherwise oil rose DNO 4.8 percent to 6.55 million. Figures from KRG showed yesterday that exports rose in January. The Norwegian was up 2.9 percent to 53.60 crowns.
John Fredriksen’s Seadrill rig company went 8.1 percent to 18.82 kroner. Another Fredriksen company, Archer, was up 3.3 percent.
Norwegian Forest rose sharply
Norwegian Forest was high on the list of winners with a rise 6.2 percent to 2.16 million after submitted quarterly Friday morning.
the company cut the deficit by roughly one billion to 300 million in Q4 last year.
Opera suspended
Oslo stock Exchange suspended Friday morning, Opera Software. The stock stood at 48.77 million when trading was halted, after an increase of 5.4 percent.
A Chinese newspaper writes that Qihoo 360 will buy Opera, said Arctic Securities according to TDN Finans.
the trade was not resumed before the exchange closed.
Norwegian flew high
Norwegian’s shares rose 6.6 percent to 263.70 kroner.
Friday afternoon it was announced that Norwegian’s cabin companies and Norwegian cabin Association has signed a new two-year collective agreement for Norway and Denmark.
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