In the wake of the upturn on Wall Street and in Asia, also opens up the Oslo Stock Exchange on Thursday.
After 20 minutes of trading is the main index of 574.42, up 0.58 percent, and it is traded stocks 384 million.
Oil prices
Brent oil rises Wednesday down 0.57 percent to $ 36.72 a barrel, while WTI oil is down 0.26 percent to 34, $ 57 a barrel.
In comparison, a barrel of North Sea oil traded at $ 36.62 a barrel at the close of trading on Wednesday.
Oil prices remain Thursday morning buoyant. The reason is that the figures from the US Energy Information Agency (EIA) Wednesday showed that US oil production fell for the sixth week in a row, to 9.08 million barrels per day.
That’s according to Bloomberg News and TDN Finans the lowest level since november 2014.
Meanwhile, rose oil inventories in the US continue throughout the week until February 26, so that they remain at peak levels for the last 80 years.
– the most notable is the extent to which the market has calmed down. The fall in volatility, reduction in daily price fluctuations, it suggests that we are in a more stable climate. It is difficult to envisage any strong price rise from here, with so many barrels on the plus side, says chief strategist at CMC Markets in Sydney, Michael McCarthy, to Bloomberg News.
Oil inventories in the US rose according to EIA with 10, 4 million barrels. Analysts had, according to Bloomberg News expected a growth of 3.4 million barrels.
Statoil rises 1.32 percent to 130.20 kroner.
Death salmon
Algerian revival in Chilean region X has almost wiped out the salmon to Marine Harvest. The company reports that they also expect the remaining 200,000 salmon also will be lost as a result of algal situation.
Marine Harvest’s shares falling Thursday 1.43 percent to 116.90 kroner.
Yesterday’s big news was John Fredriksen’s sale of 37.8 million shares in Marine Harvest, which is about 8, 4 percent of the company, at a price of 117.00 kroner. According to Fredriksen’s close aide, Harald Thorstein, was aksjenedsalget rebalancing of Fredriksen Group’s equity portfolio.
– We do not do this because we do not have faith in the company. Marine Harvest is a great company and operates very well in an industry with solid prospects. Geveran Trading Co. remains by far the largest shareholder in the company. The sale is a rebalancing of the portfolio. Marine Harvest constituted a very large proportion of the group’s total assets in listed equities, says Thorstein Dagens Næringsliv on Thursday.
Registers patent
Biotec Pharmacon has now received something called a “Notice of Allowance” for its Woulgan Gel in USA.
– We are very pleased with this patent, which will open up opportunities in the important US market. The US market represents about a third of the global sårmarkedet says Biotec Pharmacon CEO Svein Lien in a statement.
The news sends shares up 7.46 percent to 12.25 crowns.
Acknowledge with stocks
Vardia Insurance Group-insider Rune Olsen Arneberg has sold several hundred thousand shares in the company.
the share falling 6.82 percent to 0.82 million.
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