Oslo Stock Exchange up 2.4 percent, Marine Harvest rose 5.8% – Stocklink financial information

Oslo Stock Exchange up 2.4 percent, Marine Harvest rose 5.8% – Stocklink financial information

With contributions from a sharp rise in the biggest companies were on Monday the best day so far in 2015 for the Oslo Stock Exchange.

The main index was up 2.41 percent to 592.79 points after it was traded shares for 3.7 billion respectively.

Among the heavyweights helped Telenor positively with an increase of 3.5 percent to 167.5 million, which is a new record for the telecom giant. Seadrill rose 3.8 percent, DNB was up 2.5 percent and Yara advanced 2 percent.

In Europe, the stock exchanges in Frankfurt, London and Paris up between 0.6 and 0.9 percent.

In the oil market was North Sea oil traded for $ 49.4 per barrel, down 1 , 6 percent through the day. Statoil gained 1.1 percent.

Course Record

New course record was also the world’s largest salmon farmer, Marine Harvest, which was lifted 5.8 percent to 110.1 million after quarterly and fusion in Chile.

For the main owner Fredriksen, who has seen Seadrill values ​​plunging oil collapse, entailed current Marine Harvest rise to an increase in the share values ​​of more than 700 million.

In the last year totavkastningen Marine Harvest at 64 percent, in a tight market with high salmon prices and solid earnings.

In Chile merges Marine Harvest’s business with Aqua Chile. Seafood Analyst Allison Giskeødegård Nordea Markets merger is “very positive” and “in accordance with Marine Harvest strategy.”

– They have also been clear on the need for consolidation in Chile, with fewer and larger units to better biological risk. If we can get to it, it is a very nice upside in Chile in relation to future earnings.

Operational EBIT ended at NOK 990 million in the fourth quarter, down from 1.034 million in the corresponding period last year, but meets in relation to estimates from SME Direkt about a profit of NOK 980 million.

– The people demand from the market

In the markets builds expectations themselves up to the European Central Bank Governor Mario Draghi will provide gas and fire up the printing press.

According to a survey conducted by Bloomberg expecting 93 percent of those surveyed economists that the European Central Bank will launch quantitative easing at the meeting on Thursday, with a median estimate of asset purchases at over 500 billion euros.

The expectation shared by Chief Economist Steinar Juel at Nordea, who also believes that the ECB will launch a full-scale QE program, ie purchases of euro area government bonds

– The people demand from the market, and is the degrees priced in. I think there comes a program where perhaps not all the details are in place, but where a master plan is clear, says Juel Nettavisen Stocklink.

Equity Strategist Erik Fosland Nordea envisages asset purchases in magnitude 50-70 billion euros per month from the ECB.

– We know from earlier that when central banks are out with measures as stock markets tend to go. One wishes course that there is a QE and that there are those amounts are assumed, if it is not, there will undoubtedly be negative, says Fosland.