Norwegian Economy News: This will affect the Oslo Stock Exchange

Tuesday, September 30, 2014

This will affect the Oslo Stock Exchange – HegnarOnline

The worst stock market decline in two years. Once again, the red color that dominates the stock exchanges in Asia. The MSCI Asia Pacific Index is down 0.9 per cent, which means that September is the return of minus 5.4 percent. According to Bloomberg, it will be the biggest monthly drop since May 2012.

The excitement of Hong Jong and weaker manufacturing numbers than expected in China contributes to the downturn.

Hang Seng in Hong Kong are less 1.2 per cent. CSI 300 in Shanghai falls 0.1 percent, while the Straits Times in Singapore is down 0.7 percent. Kospi in South Korea fall 0.5 percent.

So far the Nikkei index in Japan down 1.1 percent. The broader Topix index falling 1.2 percent.

The price of oil. A barrel of Brent crude traded now for $ 97.24, up 0.04 percent. That’s 50 cents more than at the close of trading on Monday.

Decline on Wall Street. Dow Jones fell 0.25 percent to 17,071.22 and may be in the process of developing a small head and shoulder formation that threatens to signal a correction back towards 16.550.

S & amp; P 500 followed the Dow Jones with a similar percentage fall to 1,977.80 while a head-shoulder formation may be starting to signal that the index may fall back towards 1900 levels.

Nasdaq fell 0.14 percent to 4,505.85 and this threatens a possible head and shoulder formation with signal correction back to the 4320 level.

A little less than three stocks fell for every two shares that rose on the NYSE and the Nasdaq fell slightly more than one share for every one that rose.

The Nasdaq fell four of the ten most traded shares, with Apple down 0.64 percent to $ 100.11 after focusing the company pays too little tax in the EU donor country.

Tesla fell 0.54 percent on talk that may have peaked, while Yahoo fell 0.34 percent after Alibaba fell 1.9 percent to $ 88.75.

GoPro however, rose 10.8 percent to $ 90.94 after the company launched a more advanced GoPro 4 and a new budget model.

Look what happened to the Norwegian shares in the United States and Canada.

Step slightly to end. Oslo Stock Exchange opened as expected on Monday morning and spent most of the day in positive territory.

In the afternoon cooled the atmosphere, however, before the main index again rose. Finally, the increase was 0.06 percent to 607.22.

Unrest in Hong Kong, as well as the excitement around the week’s many macroeconomic figures dragged down stock markets in Asia and the United States Monday.

Statoil rose to end 0.23 percent to 174.60 kroner. The shares were the most traded 310 million today.

Akastor was eventually traded to 25.71 million, while Aker Solutions was last traded at 65.35 dollars. At the peak of the shares as high as 28 and 70 respectively. TGS fell today 0.06 percent to 156.50 kroner. Read full exchange your comment.

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