English and RCL went their separate ways – HegnarOnline

The main index on the Oslo Stock Exchange ended marginally up 0.04 percent to 651.41 points Monday. Sales of securities reached 3.8 billion

Brent oil was traded for $ 63.90 a barrel on the spot market at closing up 0.20 percent in the current day. When trading began on the Oslo Stock Exchange on Monday morning, was one barrel traded for $ 64.04 a barrel.

Statoil fell back 0.06 percent to 156.20 dollars.

In Europe rose most bourses after Friday downturn, after China at the weekend announced measures to stimulate the country’s economic development. When the Oslo Stock Exchange closed, was Dax index up 1.67 percent, FTSE100 was up 0.66 percent and CAC40 was up 0.62 percent.

European banka happens received a rebouond Monday and drew DNB up 1.41 percent to 137.00 dollars.

English rose 3.20 percent to 297.00 dollars on statements in the annual report on major opportunities to build on the subsidiary which leases aircraft not used in its own operations. Due to large flyordre, the company is able to both expand its business and to establish a leasing company. DNB Markets believed this provides a basis for improved earnings and raises price target on Norwegian to 400 million from 330 million.

RCL presented 1Q Monday. With earnings per share of $ 0.20, surprised on the upside of company analysts, who on average were expecting $ 0.13 per share. Guided profit of $ 0.70 per share for Q2 was however a disappointment compared with expectations averaging at $ 1.10 per share. Thus sent investors cruise company down 7.11 percent to 568.00 dollars.

John Fredriksen Archer has reached an agreement with creditors in its multicurrency revolving credit facility to make changes in the covenants. The company now expects to comply with the terms for the foreseeable future. The stock climbed 8.48 percent to 3.07 dollars on news

Due to deteriorating security prospects in Libya, and high probability of further deterioration of operating conditions of Lifeco plant has Yara has decided to write down the value of its investment in Lifeco with $ 112 million. The remaining book value is now $ 18 million. Yara fell 0.58 percent to 413.90 million

Paving has signed a contract with the NPRA to build the first patch in the project E134 Damåsen – Saggrenda Upper Spokes and Kongsberg. The contract sum stated to be closer NOK 727 million. Veidekke shares rose 2.09 percent to 97.50 dollars.

Siem Offshore rose 2.60 percent to 2.76 dollars on the message that they prolong the deadline for agreement sale of two OSCV’s to Daya Materials. Opptinnelig deadline for funding was set at 150 days when sales were announced on 22 August last year. New deadline is 24 April. Sales results in a gain of approximately $ 64 million, accounting upon delivery.

Friday stock rocket, Nordic Mining , continued upturn further – percent to – lion. The reason is that the government before the weekend gave the green light for the company’s project on Engebøfjellet in Naustdal and Askvoll.