Oslo Stock Exchange fell in early trading Friday but turned up. In the end the main index up 1.11 percent to 623.11.
Shares and equity certificates traded 2.623 million.
The stock exchange accelerated by today’s job report from US (non-farm payrolls), characterized by many as the month most important numbers.
the number of employed outside the agricultural sector in the US rose by 151,000 in August. It was well below expectations at from 170,000 to 180,000 – and far below the average for the last 12 months – at 204.000.
The unemployment rate was unchanged at 4.9 percent, or 7.8 million, 3 month in a row.
British FTSE 100 was at close of trading up 1.67 percent, German DAX rose 0.95 percent, while the French CAC 40 climbed 1.64 percent.
Oil prices straight up
Oil prices took a beating Thursday night, triggered by new worries about oversupply in the wake of record high US store. After Friday’s data from the US did however also oil an upswing.
Brent November oil stood at close of trading in $ 46.63 a barrel. It is up 2.60 percent in today’s trading, and a piece of $ 46.15 at closing yesterday.
WTI oil rises 1.83 percent to $ 43.95 a barrel.
IG analysts in Melbourne looks according to Bloomberg is not the major oil price movements ahead.
– oil prices have been very volatile, but are on average 44-45 dollars last month. Unless we see a systematic cuts from OPEC, which will not happen, or an unimaginable increase in demand from China, I do not think prices will move significantly in either direction, said market strategist Evan Lucas.
On the Oslo Stock Exchange rose Statoil 2.33 percent to 132 kroner.
A lot of green in the large
It was very much green to track one of the largest shares Friday.
Storebrand rose for example 1.97 percent. Tor Olav Trøim has increased its exposure in the company.
Subsea 7 Steps otherwise 2.67 percent, while Hydro was up 0.57 percent. DNB rose 0.49 percent, while Marine Harvest was up 1.23 percent. Orkla rose 2.16 percent, Norwegian gained 2.12 percent and Telenor rose 0.21 percent.
Otherwise excellent BW Offshore negatively with a fall of 3.45 percent to 0.28 million.
Aker Solutions introduces a new management team as part of a broader reorganization, and type in a message that cost improvements of at least 30 percent is expected by the end of 2017. the stock rose on Friday 1.68 percent to 36.38 kroner.
on the positive side, we find otherwise NEL plus 7.82 percent to 2.62 million.
Ocean Yield corrected up 0.40 percent to 63 crowns after yesterday’s drop in the wake of the issue.
Top and bottom
IM Skaugen topped the list of losers today, with a fall of 12.71 percent to 2.06 million.
Oil Mosquitoes Atlantic Petroleum followed close behind with a decline of 12.28 percent to 14.65 crowns.
African Petroleum fell 7.98 percent to 2.42 million.
winners were topped by Intex Resources, which rose 39.02 percent to 0.57 million.
standard Drilling climbed 12.87 percent to 1.14 million, while EMGS was up 9.19 percent to 4.04 million.
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