Saturday, August 13, 2016

Spetalen stole the show – the stock hit warp speed – OBI Online

The arrows pointing upwards on the Oslo Stock Exchange from the start Friday but has faded of steadily throughout the day.

The main index ended at 621.25, after a decline of 0.02 percent in today’s trading.

Shares and equity certificates were traded for 2,162 million.

Europe opens down

the development Friday came in the wake of rekordras on Wall Street yesterday and positive Asian exchanges earlier in the day.

the recovery in Asia came despite a series of disappointing macroeconomic data from China, where particular investment statistics were weak.

Leading European exchanges develops adversely at closing in Oslo.

British FTSE 100 falling 0.12 percent, while the German DAX and French CAC 40 falls respectively. 0.33 and 0.14 percent.

The oil further up

Oil prices continued the upward trend after yesterday’s rally.

Brent October oil rises by close of trading by 0.46 percent to $ 46.25, compared with around 45 dollars a barrel at closing in Oslo yesterday.

WTI oil are $ 43.82, compared to around $ 42.60 a barrel in 16.30 o’clock Thursday.

WTI oil ended up entire 4.3 percent to $ 43.49 a barrel on the commodity exchange in New York yesterday, according to the website of statements from Saudi Arabia oil Minister on possible measures to stabilize prices.

at the same time notifies the international energy agency (IEA) on rebalancing of the market in the 2nd half of this year.

DNB markets analyst Torbjorn Kjus argued against financial newspaper Friday that the oil market is now in balance – for the first time in two years.

oil Shares pushed

on the Oslo stock Exchange, Statoil was relatively flat with a rise 0.07 percent to 133.60 kroner.

DNO rose 1.58 percent to 8.98 million, while the Norwegian fell 0.70 percent to 113.80 kroner.

We also take with Songa Offshore at plus 6.25 percent to 34 cents, while Seadrill fell 1.57 percent to 23.75 kroner and BW Offshore rose 3.70 percent to 28 cents.

More companies have submitted quarterly Friday including Bank Norwegian who drew down 1.75 percent to 84.25 kroner. Norwegian rose in turn 1.45 percent to 322.50 kroner.

Skandiabanken fell 1.27 percent to 58.50 kroner after having arrived with his interim report.

All current quarterly figures here.

Spetalen share amok

the sovereign winner in today’s trading was Standard Drilling, which jumped up 80, 72 percent to 1.50 million on Oslo Axess.

The stock has been as high as 2.00 million at the maximum today – up 140 percent. It values ​​the company at NOK 524 million.

The company, which Øystein Stray Spetalen is great as owner, announced yesterday evening its entry in a wounded supply sector.

Spetalen owns indirectly through Saga Tankers 35.4 percent of Standard Drilling. His theoretical share of the current appreciation of 175.50 million, were thus 62.10 million.

Saga Tankers rose today 4.42 percent to 2.60 million.

another wounded share, Prosafe, popping up 21.98 percent to 1.11 million after an operating update.

According to TDN Finans bondholders in Prosafe established to support the refinancing of the company. The proposal which was submitted shall have received the support of a qualified majority vote of the owners of all four bond loans to the company.

Lose The list was topped by Thin Film at minus 7.92 per cent to 4.65 million.

Vardia came closest with a decline of 7.58 percent to 61 cents.

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