the Oslo stock Exchange has a steady speed Wednesday morning after a strong start to the day and the main index is at the time of writing up 0,38 percent to 636,13 points.
Best share is at the time of writing up the whole 400 percent, thus, we are approaching Hong Kong-conditions on the Oslo stock Exchange.
oil prices are on the upswing
the Price of oil, with a solid rise on Wednesday. Brent oil rises with the 1,30% to 52,35 per barrel, while WTI-oil rises 1,32 percent to 51,29 dollars a barrel.
the Reason is for the increase, according to Bloomberg News and TDN Finance numbers on Tuesday night showed a fall in oljelagrene in the united STATES, as well as Opec reiterated their confidence that Russia will cooperate on an agreement to reduce oil production.
Statoil rises 0,67 percent to 135,50 million.
Agasti to heaven
Agasti Holding ASA are rising with astronomical 400 (!!) percent to 25 cents per share after a message that Intelco Concept AS, a company owned by Øystein Tvenge with family, has acquired 98.135.206 shares in Agasti Holding ASA (in liquidation process) to the agreed price 0,0340 nok per share, representing a shareholding of 33.33 per cent of the company’s outstanding shares.
Norwegian Forest
Norske Skog reported a profit after tax of nok 190 million in the 3. quarter of 2016, compared to minus 874 million in the same period the year before.
Earnings per share were 0,70 million, against minus 4,60 money at the same crossroads last year.
Norwegian Forest rises 4,07% to 3,07 million.
Kvaerner
Kvaerner reported a profit after tax of 265 million in 3. quarter of 2016, compared to nok 74 million in the same period the year before. Income from continuing operations was 119 million, up from the 95 million last year.
Kvaerner falling 0.9 per cent to 10,60 million, after having been up 11,50 money right after opening.
Medistim
Medistim announces a profit after tax of nok 11.2 million in 3. quarter of 2016, against 10,3 million in the same period the year before.
the Stock is lifted 1.6 per cent to 64,50 money.
Extra dividends from Itera
Itera reported a profit after tax of nok 4.4 million in the 3. quarter of 2016, compared to 4.6 million in the same period the year before.
the Board of directors has decided to pay a tilleggsutbytte of NOK 0,15 per share for 2015.
the Stock rises 8,43% to 4,50 money.
Continued upturn in the oil services and rig
against The background of rising oil prices and a number of recommendations the last few days, the latest from Peter Hermanrud, also rises several oil-related companies.
Odfjell Drilling is currently in third place on the list of today’s winners with an increase of 11,47 per cent to 12,15 million.
Songa Offshore is up 4.35 percent to 24 cents per share, and oljemyggen North Energy is up 10,10%, to 2,29 million per share.
Subsea 7 rises with 1,99 percent to 92,30 money after analysts at Danske Bank Markets bråsnur and upgrade their recommendation on the Subsea 7 from sell to buy. According to TDN Finans is set kursmålet to 150 million.
Børskjempene
Telenor is one of today’s most traded and rises 1,49 percent to 136,40 money after positive numbers from the subsidiary in Malaysia.
DNB is down to 0,35 per cent, while Yara rises by 1.00 per cent to 272,80 money.
the Losers
Among the losers we find one of the latter-day big winners, Questerre Energy Corporation which is down by 7,16 per cent.
The biggest loser is the Standard Drilling that is down with the 33,02 per cent.
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