Tuesday, June 28, 2016

“Everything” is rising on the Oslo Stock Exchange three days after Brexit – OBI Online

The main index on the Oslo Stock Exchange is up 1.8 percent 583.35 at lunchtime on Tuesday. It is so far traded shares for 1.23 billion.

It is also better mood on the stock exchanges in Europe. DAX in Frankfurt was up 2.3 percent, while the CAC 40 in Paris was up 2.7 percent and the FTSE 100 in London rising 2.5 percent.

A rise in oil prices at 2, 8 percent helps the mood on the Oslo stock Exchange. WTI rises to $ 47.7 and Brent is up to 48.5 dollars.



All heavyweights up

Statoil rising 0.8 percent to 136.5 million, but is only today 3. most traded.

of the 30 most traded shares, only the Norwegian falling after news that the oil company is implementing measures that will allow 12 employees and 50 consultants redundant.

DNB’s most traded and rising 1.1 percent to 97.75 kroner. Salmon shares rises and Marine Harvest is today’s second turnover – up 2.1 percent to 141.3 million, after Folktrygfondet bought more and now sits with a stake of 10 percent.

Fish pulled forward as a possible safe haven and Salmar boss Leif Nordhammer says to DN that he is not worried Brexit. Salmar rising 4.3 percent to 247 kroner and Lerøy rising 5.2 percent to 408.1 million. Grieg Seafood is up 4.9 percent to 53.25 kroner. Bakkafrost rising 3.6 percent to 314.1 million.

Norwegian also get a boost after two days with a drop of over 21 percent. Stock rises 5 percent to 282.4 million. Consumer Bank Norwegian, who has also taken a beating on the stock exchange over the last month is up 1.1 percent to 70.5 million.



Right down

Rem Offshore’s the big loser and falls 56 , 5 percent to 14.3 million after Monday’s notice of a comprehensive financial restructuring.

the warrants Hugo Games slams down 50.7 percent and the stock drops 6.6 percent to 2.12 million. Avocet Mining falls 10 percent on slightly lower gold price. Gold falls a button percent to 1.311 d ollar.

Sevan Marine reports that it has sold its 50 percent share in Kanfa Aragon to SembCorp Marine 20 million in cash and that money is in the account today.

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