Monday, July 6, 2015

Will Greece-NO Oslo Stock Exchange in red? – HegnarOnline

Greece-no. There was never any doubt. No fans started celebrations in Athens long before the result was clear in Sunday’s referendum. When all the votes were counted Monday night, had 61.31 percent said no to the demands of creditors in the EU and the IMF, while 38.69 percent voted yes. The turnout was 62.5 percent.

Takt Fixed no sounding in the streets of Athens.

– We have proved that democracy can not be blackmailed. The Greeks made a courageous choice, Prime Minister Alexis Tsipras. (NTB)

Red in Asia. The Japanese stock market opened with a decline Monday. Nikkei index in Tokyo, one of the largest stock exchanges opened after the results of the Greek referendum was clear, fell 1.65 percent shortly after opening Monday morning local time. In Seoul in South Korea, the decrease was 1.14 percent and New Zealand 0.77 percent.

The same trend is also evident in Australia. The stock market in Sydney opened with a decline of 1.53 percent.

Greece’s overwhelming local majority is likely to increase market uncertainty, weakening the euro and lead to large sales of shares, believe experts.

Oil prices. A barrel of burning oil traded now for $ 59.57. It is nearly two dollars less than at the close of trading Friday. Then arose a Brent oil $ 61.37.

Decline on Oslo Stock Exchange. Oslo Stock Exchange opened down 0.3 percent Friday morning and downturn continued throughout the day. The benchmark index ended the day with a decline of 0.74 percent to 627.80.

The main index is thus up 0.8 percent over the past 12 months and up 9 percent since January. In the last month the main index fell 3.5 percent.

22 of the 25 shares in the OBX index fell and it was traded shares and equity certificates for 2.1 billion.

Statoil fell 1.9 percent to 138 million on lower oil prices, while The Norwegian ended down 2.1 percent to 55.55 kroner. Sevan Drilling was today’s loser with a fall of 7.7 percent to 9.18 million, followed by Avocet Mining and Havila.

PGS fell 2.4 percent to 39.75 crowns, DNO ended down 1, 9 percent to 10.25 crowns and TGS fell 2.2 percent to 178 million.

It was a heavy day for John Fredriksen, Seadrill down 3.4 percent to 78.85 kroner and Frontline came crashing 4.2 percent to 19.12 kroner. Marine Harvest dropped an additional 1 percent to 89.95 kroner. Read full exchange your comment.

This is happening today:

Today we find the following events in the financial calendar:

• Germany (08.00 ), Industrial Orders, May

• Spain (09.00), Industrial Production, May

• EMU (10.30), SenTix investor confidence, July

• United States (15.45) , PMI Services, June

• Norwegian Traffic Figures for June

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