Oslo Stock Exchange opened surprisingly up Tuesday. The recovery intensified during the morning, but now this dwindled sharply into. The time 1:25 p.m. main index up 0.2 percent to 573.06. The index is thus down 6.1 percent since January.
Crude
Bourse gets boost from stronger oil prices. Tuesday traded Brent oil for $ 43.27 a barrel, up 1.0 percent. Earlier today, the price reached $ 43.61 season best. The US WTI oil rising 0.7 percent to $ 40.64 a barrel.
In comparison, a barrel of North Sea oil traded at $ 42.73 at the close of trading Monday.
WTI contracts stays above $ 40 per barrel in anticipation of new US oil inventory figures. It is expected that stocks will increase by 1 million barrels, so they remain near record levels for the last 86 years.
Goldman Sachs said on Monday that the meeting in Doha on 17 April on freezing oil production will not do much to raise prices, and even can lead to price weakness.
Statoil
having been a money in the billions for several years, goes finally Statoil Mongstad profit.
the result before tax was NOK 3 billion last year and profitability is good also so far this year, according to Dagens Næringsliv.
From 2009 to 2013 had plant losses and writedowns of around 17 billion, but over the past year, while the rest of the industry is working on an incline, it has thus brightened for the refinery.
Statoil rising 0.8 percent to 128.90 kroner.
Alcoa
Alcoa, the largest aluminum producer, delivered its 1. quarterly Monday night. The results disappointed the market, which sent the stock down as much as 5 percent after trading in the United States. Alcoa Norwegian competitor Norwegian Hydro rising 1.1 percent to 32.55 kroner on the Oslo Stock Exchange.
Songa aloft
Songa Offshore rises 26.5 percent to 43 cents. The company announced Tuesday morning that the rig Songa encourager Monday started work on his eight-year contract with Statoil on the Norwegian continental shelf.
Polarcus signs letter of intent
Polarcus has signed a letter of intent for a marine 3D seismic contract in Indonesia, the company said in a statement Tuesday.
the share rises 5.8 percent to 1.27 million.
tawke update from DNO
DNO has received $ 20,110,000 from the regional Kurdish authorities in northern Iraq (KRG), it is stated in a message.
the stock is down 1.6 percent to 6.76 million.
216 million sends stock up 50 percent
SD Standard Drilling tops winners with plus 50 percent to 1.20 million, but please note that volume is only 180 shares at a value of 216 million.
There are only small items in the order book. The spread is large, with buyers at 81 cents and sales of 1.12 million.
More heavyweights
Marine Harvest, which is second in sales section, falling 2.6 percent to 131.20 kroner.
number three, Norwegian, rising 3.7 percent to 354.80 kroner.
There has been news from the two companies .
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