The oil lowered Exchange – OBI Online

Oslo Stock Exchange fell as expected from the start Wednesday and was after 10 minutes of trading the main index down 0.40 percent to 619.61.

The main index ended in the same area, and eventually fell 0.51 percent to 618.93.

Important indication from the United States

According to ADP Research Institute was created 177,000 new jobs in the private sector in the US in August.

According to our financial calendar was expecting 175,000.

the number of junible revised up from 179,000 to 194,000.

ADP figures are calculated to give an indication of what we can awaited us of non-farm payrolls on Friday. It is considered to be one of the key economic data in the US every month.

In Europe, the atmosphere mixed by numbers.

At the close of trading fell DAX in Frankfurt by 0.28 percent and the FTSE 100 in London was down 0.29 percent. CAC 40 in Paris rose on his side by 0.19 percent –

Crude

At the market close traded Brent oil for $ 47.81 a barrel, down 1.16 percent, while WTI oil falling 0.93 percent to $ 45.92 a barrel.

In comparison, a barrel of North Sea oil traded at $ 49.10 at the close of trading on Tuesday.

Statoil ended the day down 1.64 percent to 131.80 kroner.

DNO was down 4.21 percent, Subsea 7 fell 0.93 percent, and PGS fell 3.11 percent.

the Norwegian found oil

the Norwegian oil company ASA (the Norwegian), the operator of PL 442, reports that drilling of exploration well 25 / 2-18 S in Langfjellet- prospect in the North Sea is about to be completed.

the well encountered a 109 meter gross oil column in Vestland Group. Preliminary estimates of the size of the discovery is between 24 and 74 million barrels of oil equivalent.

The share, however, dropped 0.87 percent to 113.70 crowns on Wednesday.

Frontline disappointment

John Fredriksen’s Frontline reports a net income of $ 14.5 million in Q2 2016, compared with $ 23.2 million in the same period last year. According to TDN Finans was expecting a profit of $ 44 million.

It is proposed a dividend of $ 0.20 per share, compared with $ 0.26 expected.

Neither outlook especially merry out.

the share was today down 7.43 percent to 62.30 kroner, and thus became number seven on the list of losers. We take the rest with us that another Fredriksen company, Archer, fell 7.46 percent to 3.97 million.

Noreco in plus

in Q2 2016 got Noreco Group net income of 31 million, against a loss of 458 million a year ago.

Noreco fell 4.19 percent to 80.00 crowns.

Impairments frames GC Rieber Shipping

GC Rieber Shipping posted a profit after tax of NOK 453.8 million in Q2 2016, compared to plus 103.4 million at same crossroads last year.

There is impairment of 335.5 million kroner in the quarter.

RISH’s shares rose 20.87 percent to 13.90 crowns, and topped thereby winners Today. Turnover in the stock was low.

Awilco LNG loss

Awilco LNG reports a profit after tax of minus $ 11,520,000 in 2. quarter 2016, compared with minus $ 4.57 million in the same period last year.

the share nevertheless ended up 2.61 percent to 5.90 million.

Oil mosquito fell hard

African Petroleum Corporation fell 10.55 percent to 2.29 million on Oslo Axess in the wake of its earnings presentation. The company has also signed a memorandum for a block in Gambia.

Top and Bottom

On top of the winners’ list we find Avance Gas in the space behind said GC Rieber . The stock rose 8.39 percent to 16.80 kroner. Team Tankers followed the space behind with a rally on 8.26 percent to 12.45 crowns.

At the other end of the scale fell EMGS most of all, with 15.56 percent to 3.42 million. Atlantic Petroleum followed close behind, with a fall of 11.11 percent to 16.00 crowns.