The stock exchange fell with oil prices – OBI Online

The main index ended at 560.43 Thursday, down 0.44 percent in today’s trading.

Shares and equity certificates traded 3.340 million.

Wall Street opened down after that today’s job numbers came in slightly better expected.

Deeply divided Federal Reserve

Leading European exchanges look red.

British FTSE 100 is down 0.2 percent , German DAX and French CAC 40 respectively. 0.4 and 0.4 percent.

The Federal Reserve let yesterday until the minutes of the monetary policy meeting on 15 and 16 March and signed according to the Financial Times picture of a deeply divided purely committee. Many committee members are concerned about the Federal Reserve’s ability to easing if the US economy were to face the wall.

Nine voted for the federal funds rate in the United States would remain unchanged at 0.25-0.5 percent, while Esther L. George was the only one who thought it would be appropriate to raise interest rates by 0.25 percentage points.

oil prices have turned down

After rising earlier in the day, oil prices turned down.

Brent June oil falling 1.9 percent to $ 39.09 a barrel, compared with around $ 39.80 at closing in Oslo yesterday.

WTI oil pulls down 1.5 percent to 37 , $ 20 a barrel.

Yesterday’s figures from US energy authorities showed a surprising drop in oil inventories in the US, while oil production in the country fell for the tenth time in 11 weeks.

Thursday, figures from state-owned South Oil Company told Reuters that exports from Iraq’s southern ports rose to an average of 3.494 million barrels per day in April, up from 3.286 million barrels per day in March.

– We are in the aftermath of the stock figures from the US but we zoom out, we still see oversupply and record store. Production figures from countries like Iran and Iraq are the focus, and people will see how this translates into the total offer image, said senior energy economist Hans van Cleef at ABN Amro in Amsterdam news agency.

Meanwhile, Ecuador according to Bloomberg Friday hold a meeting with Latin American oil producers to coordinate a regional attitude before the Doha meeting on April 17, where a production freeze.

– Decline in US production and higher utilization in refineries, is positive for the market. An agreement in Doha will be difficult to achieve, but not impossible. A freeze at current high levels can not be expected to have any lasting effect, beyond that to affect the mood of a degree, says chief analyst at CMC Markets in Sydney, Ric Spooner, news agency.

Oil Stocks went counter

On the Oslo stock Exchange rose Statoil 1.3 percent to 124 million.

Otherwise the oil pulled the Norwegian up 2.3 percent to 60.05 million, while DNO advanced 1.1 percent to 6.02 million.

in oil selected John Fredriksen Archer with an increase of 4.6 percent to 4.11 million.

the stock has risen 36 percent over the past week, after Statoil reported that the extension agreements with Archer, KCA Deutag and Odfjell Drilling by two years. Oil giant estimated total contract price for the two years to almost five billion crowns.

We also take with Subsea 7 rose 1.0 percent to 59 crowns, while TGS ended up 1.5 percent to 121.40 million, despite the fact that DNB Markets downgraded the stock to sell.

on the minus side, we find a number of salmon stocks.

Marine Harvest pulled down 1.4 percent to 131.50 kroner on today’s second highest volume, while Lerøy Seafood and Salmar fell respectively. 2.2 percent to 395 kroner and 2.4 percent to 206 million.

Hydro, Yara, Norwegian, Orkla, Gjensidige, REC Silicon and Schibsted fell 1.2 percent, while XXL fell 3.3 percent to 96.75 million, also after a downgrade from DNB Markets.

Correction of gambling

Relatively speaking tops Gaming Innovation Group (GIG) list of losers with a drop of 16.3 percent to 4.02 million.

the share corrected thus down by a sharp rise in recent months, but is still up over 120 percent so far this year.

We also note Axactor, Øystein Stray Spetalen ownership, which drew down 13.0 percent to 1.81 million.

among other losers were indebted Norwegian Forest, who went back 6.1 percent to 2.00 million.

We also take with Scana Industrier, where Alexander Hansson bought up sharply lately, fell 8.8 percent to 2.38 million.

to the top after issue

winners topped four shares with double-digit increases.

most of all rose Intex Resources, specifically with 25.0 percent to 50 cents.

the mining company has completed a private placement against a Cypriot investor, which now amount to 9.1 percent of the company.

Virtually follows Petrolia at plus 13.0 percent to 4.25 million, while Link Mobility gained 11.2 percent to 69.50 crowns.

Nordic Nano Vector rose 11.0 percent to 22.20 crowns.

We also take with Stolt-Nielsen, which gained 3.5 percent to 102 50 million after delivering markedly better in Q1 than analysts had previously predicted.

Bank Rally off-exchange

on the unquoted list, we note a strong upsurge in interest bank shares, in the wake of Bank Norwegian’s stock plans.

Bank Norwegian even rose 4.5 percent to 70 million today, but three banks rose even more.

Mono Bank gained 14, 3 percent to 3.20 million, Pareto Bank 8.7 percent to 25 million and Complete Bank 6.5 percent to 11.50 crowns.

Overview of the unlisted shares here.

Byks for wounded rig

damage Cutting Prosafe figures for once high on the list of winners, with a rise of 7.8 percent to 4.15 million.

the latter is still the biggest loser Oslo Børs so far this year – down over 80 percent.

– As they probably need to raise new equity and possibly convert bonds, it is feared that the equity is lost. Thus, the share will drop further from four crowns, says Arctic analyst Tord Aasen Augestad Finansavisen.

He is the most negative of the analysts who follow the company, and has repeatedly pointed out the need for restructuring. Arctic has a sell recommendation on the stock, with price targets four million.

Please note that Periscopus by Trygve OBI owns four million shares, representing a stake of 0.9 percent in Marine Harvest.