Oslo Stock Exchange turned up – three all-time high – OBI Online

The main index of the Oslo Stock Exchange rose 0.28 percent to 620.3 Tuesday. It was traded shares for 2.5 billion.

The development came in the wake of the decline in the US Monday and mixed Asian exchanges earlier in the day.

In Europe, the CAC 40 up 0.07 percent, while the DAX was up 0.35 percent and FTSE100 up 0.16 percent. Eurostox50 was up 0.12 percent.

Still gloomy in oil

Oil prices fell and when the exchange closed in Oslo was burnt down 0.58 percent to $ 44.46. Light oil was down 0.9 percent to $ 42.74.

Concerns of oversupply and weak summer marked demand continue to affect the market, writes The Wall Street Journal according to TDN Finans.

The news agency shows further to Commerzbank, who thinks the market mood is bleak.

– Financial investors continue to pull out of the oil market, and contributes to increased selling pressure, according to an update.

According to Reuters hedge funds in recent weeks also liquidated its former bullish positions in oil futures and options, and caused a downward pressure on oil. Bullish positions in oil is now at its lowest in four months, it says.

Stocks that rose

Statoil were down most of the day, but turned and ended up 1.1 percent to 142.8 million, before the announcement of quarterly results Wednesday. 7:00.

The share was not negatively affected by BP who provided the weaker results than expected Tuesday, but may have been affected positively by signals that the oil company now expects to invest less than previously announced.

Oil analyst Trond Omdal in Pareto Securities is according to TDN Finans positive to Statoil and has a buy recommendation with price target of 160 million.

DNO was also down most of the day but ended up 1.9 percent to 8.44 million and The Norwegian rose 1.4 percent to 104.6 million.

Prosafe ended up 12.8 percent to 53 cents, after having notified a powerful dieting and reorganization of land-based activities.

Subsea 7 turned and ended up 0.17 percent to 86.95 kroner despite JP Morgan downgraded the stock from neutral to underweight.

of the ten most traded was half that step. In addition to Statoil and Subsea 7 also rose Yara 0.5 percent to 275.4 million, after K + S announced that the planned start of Siegfried-Giesen plant shelved. According to TDN Finans, the company has concluded that the existing capacity is sufficient.

Norwegian Hydro rose 1.9 percent to 35.43 million, while Orkla ended up 0.46 percent to 76.6 million.

Oslo Axess-listed PCI Biotech today’s winner, with a rise of 36.1 percent to 5.99 million by happy message from the EU regarding Amphinex.

Two wounded supply stocks stood out positively. Siem Offshore rose 15.2 percent to 2.05 million and DOF ended up 8.7 percent to 1.12 million after polling a billions in the rights issue.

3 x all-time high

Techstep (formerly Birdstep) rose 10.3 percent to 3.43 million after peparasjonsemisjonen totaling 678,108 shares at a price of 2.2 million, was oversubscribed eight times. Following the issue, the share capital of the company be 14.24 million divided into 14,240,000 shares with a nominal value of NOK 1.

Skandi Bank rose 4 percent to a new all-time high of 58 million, while Medistim ended up 1, 6 percent to 63 million – and new all-time high.

Vardia and Emas Offshore sniffed at all-time low intraday, but kept away in the final minutes.

Stocks that fell

PGS fell 5.3 percent to 17.94 million and were joined by Telenor (-0.41 percent to 146.8 million), DNB (-0.05 percent to 93.95 million), Storebrand (-1 percent to 31.96 kroner and Schibsted (-0.9 percent to 265.4 million).

Marine Harvest ended down 0.14 percent to 142.9 million after it became known atselskapet violates the Chilean breeder organization salmon Chile because of “disagreements about the vision of how the Chilean salmon industry should be regulated.

Norwegian also ended in the red, down 0.86 percent to 287.4 million.

Rem Offshore ended up as today’s loser, following a decline of 33.3 percent to 5 million, followed by Apptix with a fall of 15.9 percent to 1.85 million.

It was not large better with Havilah, which fell 7 percent to 1.85 million. And Deep Sea Supply ended down 3.2 percent to 1.51 million.