Tuesday, April 19, 2016

Børsen defied oil drop – Romsdals Budstikke

It was expected that the OSE should accompany the leading European exchanges down Monday. The reason was the unresolved situation after meeting in Doha this weekend, where the world’s powerful, oil-producing countries failed to agree on freezing in oil production.

Instead, it was the opposite. Also in London, Frankfurt and Paris ended Monday slightly in the black.

Statoil were among the companies that slowed the recovery on the stock market with a share price fall of 1.15 percent. On top of losing list are also two other companies in the petroleum industry: The Norwegian oil company (-3.08) and Subsea 7 (-2.12).

At the other end pulled the two John Fredriksen companies Frontline (2.52) and Marine Harvest (2.47). Also Norwegian Air Shuttle (2.47) did well in the wake of news that the company will fly to the United States.

Statoil, Marine Harvest, DNB and Norwegian, in that order, were the most traded companies . (© NTB)

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