Oslo Stock Exchange opened down Wednesday but turned up and the main index ended up 0.35 percent to 619.49. It was traded shares for modest 2.83 billion.
DNB and Telenor contributed by a decline in the main index, respectively 0764 and 0305 points. Hydro and Marine Harvest contributed to the increase in the main index with respectively 0.7 and 0.45 points.
The main index is then up 1.5 percent this year, but still down 2.4 percent in the past year.
When the Oslo stock Exchange closed were mixed on European exchanges, with FTSE100 up 0.3 percent and CAC40 up 0.3 percent, while the DAX was down marginal 0.06 percent. Milano Stock Exchange was down 1 percent. Stock markets in New York sniffed new intraday high records.
19 of the 25 most traded shares rose. DNB which plunged nearly eight percent on Tuesday after having released disappointing quarterly figures, fell 1.1 percent to 92.95 million and a turnover of 539 million was also present most traded, followed by Statoil and Hydro as both rose.
Intex Resources was today’s winner with a rise of 11.6 percent to 48 cents after it became known that Intex boss Henno Grenness had purchased 210,000 shares at a price of 0.4335 million and now 250,986 shares in the company. However, it was not traded Intex shares for more than 935,143 crowns.
Hugo Games, which got a boost on Monday after an agreement with FC Barcelona, narrow down 19.1 percent to 2.79 million. The shares today are losing on a turnover of 789.686 million.
7x all-time high
On the Oslo Stock Exchange climbed seven stocks rose to new all-time high. AF Group rose 0.66 percent to 152 kroner, while Selvaag Bolig rose 1.6 percent to 37.2 million. Napatech ended up 1.8 percent to 22.9 million, while Techstep rose 3.2 percent to 3.20 million. The Norwegian ended up 0.55 percent to 108.9 million.
Norway Royal Salmon joined up 2.2 percent to 140 kroner, while Marine Harvest rose 1.2 percent to 145.7 million and new all -time high in recent times.
Laksjeaksjene got a boost after Handelsbanken’s Kjetil Lye came with a sector update and jacked up price targets on all farmed shares brokerage covers.
Prosafe fell to new all-time low of 39 cents in early trading, but recovered partially and ended down 2.1 percent to 47 cents.
the company announced Wednesday that it had completed the announced, private placement of between 130 and 150 million dollars. The subscription price was NOK 0.25 per share, and it will be issued between 4.368 billion and 5.04 billion. The final number of new shares is determined based on the final refinancing plan.
It was also suggested a repair issue of up to 15,000,000 shares and the share was quoted ex this issue Wednesday.
Oil prices
Brent was down 1.6 percent to $ 47.70 a barrel most of the day but swung part towards the end. After the market closed, and the fresh stock numbers had sunk in, fell Brent on and one hour after the close of trading in Oslo was burnt down 4.5 percent to $ 46.26, while light crude was down 4.1 percent to $ 44.87 on commodity exchange in New York.
Recent stock data from EIA on Wednesday afternoon showed that oil inventories fell 2.54 million barrels, which according to Reuters was less than the expected stock cover of 3 million barrels.
Gasoline rose surprisingly by 1.21 million barrels, while Reuters were expecting a move 432,000 barrels. Stockpiles of diesel and fuel oil rose by 4.1 million barrels, while it was expected an increase of 256,000 barrels.
Statoil gained 0.2 percent to 149.3 million. The Norwegian rose 0.55 percent to 108.9 million.
Figures counts
Norwegian Hydro rose 2.2 percent to 33.46 kroner after the competitor Alcoa released good quarterly Tuesday evening.
Kjell Inge Røkke-dominated Aker Solutions rose 6.3 percent to 37.97 kroner after submitted a profit after tax of NOK 131 million in Q2 2016, compared with 209 million in yoy. According to TDN Finans was expecting a profit of NOK 124 million.
Another Røkke company, Ocean Yield, rose 2.2 percent to 69 million after the company after the close of trading Tuesday announced a profit before and after tax of $ 25.5 million in Q2 2016, compared with $ 25.8 million in the same period last year. It signaled a dividend of $ 0.1725 per share for Q2, up from $ 0.05 in Q1.
Funds and accounts managed by Polygon Global Partners LLP has acquired 13,526,588 shares Flex LNG (FLNG), which is equivalent to 10.5753 percent. Shares rose is up 4.8 percent to 11 million.
Nordic Semiconductor was down 3 percent much of the day, after having presented interim accounts which showed a net profit in Q2 2016 at 4, $ 0,000,000, compared with $ 6.7 million at the same crossroads last year. The stock ended up 0.55 percent to 36.3 million.
Siem Offshore fell 0.95 percent to 2.09 million after the company announced that it completed the sale of Siem Carrier, which was built in 1996.
ex reverse split and dividend
Weifa ASA rose 4.6 percent to 23.8 million after the stock today was traded ex reverse split and 25 old shares give 1 new share.
Norwegian Property went ex dividend of 0.05 crowns, ended down 0.3 percent to 9.37 million.
No comments:
Post a Comment