Oslo Børs has left behind a red, eventful day. The main index ended down 0.4 percent to 596.59.
Turnover was 5.2 billion. So far this year upturn of 3.6 percent.
The monetary policy meeting in FED
Wednesday evening was held monetary policy meeting of the US central bank. They decided to keep its key rate at 0 to 0.25 percent, and there was no signals that it will be set up soon.
The message from the last meeting were broadly repeated, and it goes out that the interest rate will be kept below normal while yet, but that if inflation picks up faster than expected, it may be necessary to raise interest rates earlier than expected. And inflation is expected to fall further in the near future.
Oil prices
Brent oil rises 1.3 percent to $ 49.06 a barrel, while the US WTI -Oil is up 0.4 percent to $ 44.63 a barrel.
The oil is now trading near the lows for the past six years, after growth in oil stocks in the United States Wednesday were reported twice as high as the market had expected . This underpins the expectation that the global oil surplus will last a long time, writes Bloomberg News.
Statoil bang
index Heavy Statoil fell back 3.5 percent to 128.40 million . Turnover was 1.1 billion.
Statoil will be forced to cut both investments and dividends, think analyst Christian Yggeseth in brokerage Arctic Securities according DN.
– Prospects for the company’s operating cash flow has fallen quite significantly. It was already before the oil price started to fall, in a situation where it had the opportunity to cover dividends and investment with the operational cash flow, says Yggeseth.
Shell came Thursday with weaker than expected numbers.
– Major European oil companies get a beating today as a result of Shell report, says analyst John Olaisen in ABG Sundal Collier TDN Finans.
The market, however, focuses mostly on that Shell will cut operating investments ( capex) with $ 15 billion in the period 2015-2017, which was considered too small.
RCCL bang
Cruise company RCCL came with weak quarterly and even more disappointing guiding. The company expects an adjusted EPS of 0.10-0.15 dollars in the first quarter 2015, while the expectation has been at $ 0.45.
The guidance for 2015 is 4.65 to 4.85 dollars, against expecting $ 5.07.
Adjusted EPS was $ 0.32 in the fourth quarter 2014, compared with expected $ 0.46 and from 0.35 to 0.40 guided dollars.
RCCL shares reached a new all time high on Wednesday. Thursday plunged the stock 7.3 percent to 601.50 dollars.
Worst shares plunged more than 70 percent
SeaBird Exploration Plc sent Thursday out a comprehensive message about restructuring .
The company has signed an agreement with the majority of bondholders, Frederik Mohn Perestroika AS (convertible loans), individual creditors and advisors within restruktuering a principles around a restruktureing of the company.
stated inter alia that the company must obtain at least $ 8.5 million in a private placement. $ 6.5 million is already guaranteed issue price 0.10 million. Perestroika subscribing for $ 2.5 million and guarantees for a million dollars.
Seabird has been suspended since October 1 last year. After the suspension was lifted plunged 70.5 percent share to 0.28 million.
Analysis lifted DNB
Goldman Sachs upgrade according to an analysis update its recommendation on DNB ” buy “with a price target of 144 million, writes TDN Finans.
DNB rose 4.3 percent to 111.90 dollars in heavy trade; 577 million.
Will increase the issue authorization
John Fredriksen Frontline announced Thursday that they have applied the SEC to raise the issue authorization to Morgan Stanley, so that the proceeds will be increased from 100 million dollars to $ 150 million.
This is according to the company is no guarantee that an issue will be carried out.
The share plunged 15.2 percent to 20.60 kroner. It is clear that the big New Year’s rocket has landed with a bump.
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