Oslo Stock Exchange finished the week with recovery. Hhovedindeksen ended up 0.5 percent to 613.92.
The turnover amounted to 3.3 billion.
The main index is thus up 2.1 percent last month, and 11 , 8 percent so far this year.
The development occurred in the wake of limited effect in New York Thursday night, and mixed Asian bourses earlier Friday.
Oil prices f very left
In the oil market players wear the concerns of weak demand on the one hand, and geopolitical concerns of the Middle East and Ukraine on the other side.
North Sea oil falls 0.6 percent to $ 97.52 a barrel, while the American WTI oil moves up 0.5 percent to $ 93.25 a barrel.
Statoil after fight Sales
Statoil 0.5 percent to 176.40 dollars, after news that the company takes down the exposure on the Norwegian continental shelf via a sell-off in Aasta Hansteen development of German Wintershall.
In addition acquires the Germans Vega and Gjoa field, against an amount of $ 1.3 billion, including contingent payments.
In the oil market players wear the concerns of weak demand on the one hand, and geopolitical concerns of the Middle East and Ukraine on the other side.
Brent October oil rises 0.1 percent to $ 98.21 a barrel, while WTI oil pulls down 0.1 percent to $ 92.72 a barrel. The price weakened towards the end of the day.
PGS share slaughter
The seismic company PGS fell 4.4 percent to 43.21 kroner.
RS Platou Markets cuts price target on Petroleum Geo-Services shares with an ax.
The brokerage sees the stock at $ 4 (25.50 million), compared to the previous $ 12 (76.50 million), according to TDN Finans. Recommendation cut off from buying to sell.
“PGS are sluggish and there is full support for the Charter ii. It is currently not suggesting that it’s over just yet “writes Hegnar.no technical expert Stein Ove Haugen.
Learn technical analysis Hegnar.no.
Seadrill burdened
Seadrill excelled negatively by falling 3.0 percent to 201.40 million at the current maximum volume; 549 million.
Finance newspaper printer on the commentator space Friday that falling oil prices and irritation of the EU and the USA over Rosneft-commitments makes it less popular to be a shareholder and creditor of the company.
– We must be open to the possibility that contracts may be in violation of existing sanctions. The fight is not over. It is very difficult to give a good answer, said Chief Financial Officer Rune Magnus Lundetræ Bloomberg earlier this week.
North Atlantic Drilling Rosneft partnership was also among the topics when Lundetræ Wednesday was the guest of HegnarTV facility Pareto Conference . The broadcast can be seen here.
Telenor upgraded
ABG Sundal Collier upgrading its recommendation on Telenor from hold to buy, according to TDN Finans. Course objective of six months adjusted upward from 152 million to 156 million.
The stock rose 1.4 percent to 145.80 kroner.
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