There was great uncertainty as to how markets would react if Donald Trump were to win the election.
The numbers was that the Oslo stock Exchange’s benchmark index slid down by 2.9 per cent right after the opening and then get well again, and finished the day with an increase of 0,37 percent to 637,84 points.
There was a lot of turnover on the stock exchange today. Finally ended it on 4,73 billion.
Oil
Brent oil ended down 0.20 per cent to 45,95 dollars per barrel right after the close of business, while the american WTI-oil ended down 0.31 per cent to 44,84 dollars per barrel.
Although the beneficial effects of the Trump-the victory is not immediate, they should be positive (bullish) for the price of oil over time. Trump is definitely pro-business, lower taxes, less regulation and plans for significant investments in infrastructure. Thus, he is clearly bullish for the us economy, writes chief analyst for commodities at SEB, Bjarne Schieldrop, in an update on Wednesday.
Statoil is taken in like the rest of the stock nicely again after a poor start. Finally ended the stock down 0,51 percent to 136,30 money.
Hermanrud about winners and losers
chief strategist Peter Hermanrud in Swedbank pulls back cyclical stocks and shipping as losers, but believe the defense and health will serve on that Trump be president.
There is a less trade in the world and it is negative for shipping. It is also negative for cyclical stocks, as we have quite a number of on the Oslo stock Exchange, because Trump-the victory on the margin implies lower growth, ” says Hermanrud to TDN Finans.
Helseaksjene went like rockets on Wall Street after the stock exchange trading opened on the other side of the Atlantic.
Myrseth see kjøpsanledning
prior to his current Stig Myrseth in Dovre Forvaltning is among the many who stood up in the night to follow.
I’m probably much less concerned than the other is. Yes, the markets will suffer from a panikkangrep, but we look at it a little bit bigger picture, I think the weakness today will be a kjøpsanledning. The stock market has to price in the worst imaginable scenarios, so uncertainty usually gives a kjøpsmulighet, and I guess the same here, ” says Myrseth to the Obi.no.
Hydro and Yara went to the stock exchange
Both Norsk Hydro and Yara had a super day on the exchange and contributed to the åtrekke the entire stock market upward.
Yara step the whole 5,38 per cent after it became known that the company reported a price increase of kalsiumammoniumnitrat in Germany with 10 euro tonnet. AN award was also set up with seven euros per tonne, according to TDN Finans.
-An increase of ten euros means over two million on the earnings per share for Yara. Still, it is a long way to go to reach the estimates, many located inside of, but such a sharp increase is a step in the right direction, ” said Eirik Melle, analyst at Danske Bank Markets to TDN Finans.
Norsk Hydro ended up of 3.52 per cent after an increase in aluminiumsprisene.
SEB-analyst Kenneth Sivertsen also think the signals from the u.s. department of commerce regarding the restrictions on the extruded aluminiumsprodukter from China may have influenced the course.
Børskjempene
Among the rest of the major børskjempene with the highest turnover, it ended mixed after valgseieren to Trump.
DNB ended up 1,53 percent to 119,70 money. The bank announced Wednesday afternoon that they are putting up the interest rate on the mortgage. Telenor also finished the day with an upturn of 0,16 percent to 128,60 money. Marine Harvest ended down 1,48%, to 146 million.
the Norwegian fell heaviest among the major, with a decrease of 3,94 percent to 268,50 money.
Rekordtall from lakseselskap
Norway Royal Salmon reported a profit after tax of 228,1 million in 3. quarter of 2016, compared to 87,3 million in the same period the year before.
” We are very pleased that the NRS to deliver a record result for the third quarter in a row. The reason for the good quarterly results is a high price of salmon, as well as the low and stable cost of production in the Region to the North and considerable improvement of the production cost from the previous quarter in the South Region, stated president and ceo Charles Høstlund.
the Stock rose 4,74 per cent to 188 million.
Solstad Offshore
Solstad Offshore reported after the close of business on Tuesday about a profit after tax of 130,3 million in 3. quarter of 2016, compared to negative 228,2 million in the same period the year before.
Anders ended unchanged at 13,15, respectively.
RenoNorden step
RenoNorden reported a profit after tax of 38.4 million in 3. quarter of 2016, against 34,0 million in the same period the year before.
the Stock rose 5,14 per cent to 18,40 money.
Havilah saved, but fell on the stock exchange
Fosnavåg-fishing vessel Havilah Shipping ASA has agreed with all its banks about a restructuring plan. The plan ensures the operation in the next four years.
Havilah fell still 19,50 percent to 1,28 million.
gold rush
the gold price rose on Trump-news. Avocet Mining ended up 21,83 percent to 8,65 million, after having risen 22,2 percent yesterday.
Oceanteam
Oceanteam also finished as one of today’s big losers ahead of quarterly numbers which will be released on Thursday.
the Stock ended down 22,16 per cent to 1.30 million.
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