Oil heating on the Oslo Stock Exchange – but delinquent plunges 30 percent – OBI Online

Oslo Stock Exchange rises wide Friday.

The main index is writing in 613.96, which is 0.7 percent higher than Thursday’s final.

The turnover has reached 1 , 1 billion.

Stable oil prices

oil prices remain high after Thursday’s oil rally in New York.

Brent October oil is down 0.2 percent to $ 50.77, but is up from around $ 50.35 a barrel at closing yesterday.

the focus on a possible production freeze continues.

– yesterday oil rally was helped in time of further statements by the former OPEC president Chakib Khelil, who believes an agreement on production freeze is on the way because OPEC’s member countries are already producing at record levels, writes IG analyst Angus Nicholson according to CNBC in a note.

Oil prices rests its biggest rise for a single week since March, after going into a ‘bull’ Market allows, according to TDN Finans.

Oil Stocks show way

the price of oil is fueling oil shares. Statoil rising 1.7 percent to 136.50 kroner.

DNO follow up Thursday’s rally after the quarterly report to rise new 2.1 percent to 9.60 million.

but salmon stocks fall

on the negative side continues several of seafood stocks trend from yesterday.

Nordea Markets writes in an update that the price of salmon 5-6 kilos now has fallen from 60 kroner per kilo to 52 million. Industry People at a seafood trade show in Trondheim confirmed broker house view that we in the short term picture from August to October will get the “perfect storm”, reports Nordea Markets according to TDN Finans.

Salmar fall 3.5 percent to 214 , 10 million, while Lerøy Seafood is down 2.2 percent to 342.60 kroner.

Siem-line rise

High on the list of winners, we find Siem offshore, rising 6.0 percent to 2.12 million in rescue plank from banks. The agreement is conditional, however, a restructuring of the company’s two bond issues.

Bionor rally

Bionor goes 21.4 percent to 51 cents. The stock corrects thus up again after yesterday’s fall in the wake of the issues.

Yield Sprinkle

Philly Shipyard alerts an extraordinary dividend of three dollars per share (approximately 24 , 40 million). This puts the market price on, sending the stock up 3.6 percent to 144 million.

Seabird plunging

The relatively biggest loser so far is Seabird Exploration, which is punishable with a price drop of 29.7 percent to 10.20 kroner after the current quarterly figures.