Wednesday, March 2, 2016

Oil Stocks salvaged Exchange – Romsdals Budstikke

It was lunchtime took a significantly larger increase, then the index netted 579 points, but then it went down again.

Statoil was as usual today by far the most traded stock, and the price went up 0 , 2 percent. Also Marine Harvest (1.1), Telenor (0.8) and Orkla (2.0) had a good day. Down went there for heavyweights like DNB (-0.4), Yara International (-0.4) and Norwegian Hydro (-0.8).

North Sea oil was Tuesday afternoon traded for $ 36.11 a barrel , a decrease of 1.4 percent from Monday. It does not seem to dampen the optimism of some oil-related shares, and it was increased for companies that Subsea 7 (4.2), Seadrill (4.6), TGS (2.1), Petroleum Geo-Services (8.4) and DNO (3.6).

the trend was also positive by the leading European stock exchanges. In Frankfurt rose DAX 30 index entire 2 percent, while the FTSE 100 in London and the CAC 40 in Paris strengthened respectively 0.7 and 0.9 percent. (© NTB)

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