The main index on the Oslo Stock Exchange turned abruptly down just before the stock exchanges opened in New York on Friday.
From being around 0.4 to 0.5 percent earlier in the day turned the Oslo Stock Exchange at end of day and ended down 0.10 percent to 649.05.
The fall came in the wake of the fall in oil prices on Friday afternoon.
17 shares in the OBX index fell, one by unchanged and seven shares rose.
Oil prices fell
Brent was down 0.76 percent to $ 56.49 when the stock market closed, and was at its lowest 9 cents lower.
Light Oil in the United States were down 1.3 percent to $ 50.24, after having dived down to $ 49.64 at its lowest.
Oil and oil services were under pressure and Statoil pulled down with a fall of 1.56 percent to 139.2 million. The Norwegian fell 2.6 percent to 55.75 dollars.
Seadrill fell 6.2 percent to 74.05 kroner, while PGS fell 2 , 9 percent to 39.97 million.
Subsea fell 2.4 percent and TGS ended down 1.2 percent, while Aker Solutions fell 3.1 percent to 37.93 respectively.
Fred. Olsen Energy fell 5.8 percent and Prosafe falling 3.7 percent.
Some bright spots – 5 all-time high
Kjell Inge Rokke Aker ASA ended up 1.1 percent to 177 kroner after having submitted quarterly results showed an operating profit of 1.5 billion, up from 208 million in the same quarter last year.
Akastor rose 0.35 percent to 13.95 dollars after it became known that Kristian Røkke has got clean job in the company.
Marine Harvest rose 0.55 percent on higher salmon prices, while Bakkafrost falling 1.7 percent to 234.5 million.
Hydro turned up and rose 0.7 percent after it came clarification the local tax rates in Brazil, which was as expected.
Another bright spot was Schibsted , which rose 7.4 percent to a new all-time at 282.7 million, on good quarterly . Schibsted B came up and rose 9.5 percent to a new record of 272 million
Media Group had a net income in Q2 of NOK 239 million, up from 6 million in the same quarter last year. The company, however, had a slight decline in revenues of 31 million to 3,803 million.
After a heavy first week on the Oslo Stock Exchange, with a drop to 39.1 million, has Europris upside again and the stock rose to new all-time high of 43.9 million Friday.
RCL rose 0.66 percent to a new all-time high of 689.5 million. Norway Royal Salmon rose 6.9 percent to a new record of 70 million.
In addition, sniffed English at new all-time high but ended down 0.09 percent to 347 kroner.
Telenor was also the all-time high during the day but ended unchanged at 183.8 million.
More quarterly lifted shares
Tomra rose 12.5 percent to 78.5 million after presented better than expected quarterly results. The company had a net profit of 151.5 million dollars, up from NOK 93.3 million in the same quarter last year. According to Reuters were expecting a profit of 130 million. The benchmark index on the Oslo Stock Exchange turned abruptly down just before the stock exchanges opened in New York Friday.
From being around 0.4 to 0.5 percent earlier in the day turned the Oslo Stock Exchange at the end of the day and ended down 0.10 percent to 649.05.
The fall came in the wake of the fall in oil prices on Friday afternoon.
Oil prices fell
Brent was down 0.76 percent to $ 56.49 when the stock market closed, and was at its lowest 9 cents lower.
Light Oil in the United States were down 1.3 percent to $ 50.24, having delved into $ 49.64 at its lowest.
Oil and oil services were under pressure and Statoil pulled down with a fall of 1.56 percent to 139.2 million. The Norwegian fell 2.6 percent to 55.75 dollars.
Seadrill fell 6.2 percent to 74.05 kroner, while PGS fell 2 , 9 percent to 39.97 million.
Subsea fell 2.4 percent and TGS ended down 1.2 percent, while Aker Solutions fell 3.1 percent to 37.93 respectively.
Fred. Olsen Energy fell 5.8 percent and Prosafe falling 3.7 percent.
Some bright spots – 5 all-time high
Kjell Inge Rokke Aker ASA ended up 1.1 percent to 177 kroner after having submitted quarterly results showed an operating profit of 1.5 billion, up from 208 million in the same quarter last year.
Marine Harvest rose 0.55 percent on higher salmon prices, while Bakkafrost fell 1.7 percent to 234.5 million.
Hydro turned up and rose 0.7 percent after it came clarification on local tax rates in Brazil, which was as expected.
Another bright spot was Schibsted , which rose 7.4 percent to a new all -time at 282.7 million, on good quarterly. Schibsted B came up and rose 9.5 percent to a new record of 272 million
Media Group had a net income in Q2 of NOK 239 million, up from 6 million in the same quarter last year. The company, however, had a slight decline in revenues of 31 million to 3,803 million.
After a heavy first week on the Oslo Stock Exchange, with a drop to 39.1 million, has Europris upside again and the stock rose to new all-time high of 43.9 million Friday.
RCL rose 0.66 percent to a new all-time high of 689.5 million. Norway Royal Salmon rose 6.9 percent to a new record of 70 million.
In addition, sniffed English at new all-time high but ended down 0.09 percent to 347 kroner.
Telenor was also the all-time high during the day but ended unchanged at 183.8 million.
More quarterly lifted shares
Tomra rose 12.5 percent to 78.5 million after presented better than expected quarterly results. The company had a net profit of 151.5 million dollars, up from NOK 93.3 million in the same quarter last year. According to Reuters were expecting a profit of 130 million.
The company also smashed expectations at the top line, with revenue of 1,472 million, up 333 million from the same quarter in 2014.
Orkla rose 0.15 percent after good quarterly and then we must return to pre-crisis levels in 2008 to find the stock at higher levels.
The company had a net profit of 1.109 million Q2 2015 against NOK 727 million in the same period last year.
Revenues amounted to 7.705 million compared with 7.196 million in Q2 2014
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