September 26, 2021

ModularPhonesForum

Complete News World

Oslo Boers rise from the start - E24

Oslo Boers rise from the start – E24

New findings from the cancer study send Ultimovacs upward, while news of wind power gives tailwinds to Aker Offshore Wind.

Posted:

The Oslo Stock Exchange opened with an increase of 0.22 percent. This gives the main indicator a boost to 1157 points.

The benchmark index set a record yesterday, but only so far. The exchange ended Wednesday with a gain of at least 0.02 percent to a final value of 1,154 points.

NTS increases its offer to buy Norwegian Royal Salmon

On Wednesday night, it was announced that NTS is increasing its offer to buy Norwegian Royal Salmon (NRS). The aquaculture group announced in mid-July that it would buy NRS, after acquiring more than a third of the shares, which in itself leads to a legal obligation to make an offer for the remainder of the shares in the company.

The previous bid was 209 Norwegian crowns per share. NTS is now on a courtship flight with a bid of NOK 240 per share.

The increase comes after NTS entered into an agreement to purchase approximately 380,000 shares of NRS at this price, and after the NRS Board of Directors recommended to shareholders not to accept the NOK 209 offer.

At the opening, Royal Salmon Norway shares will rise 14.8 percent.

I stock market announcement The company’s board wrote that they will evaluate the offer from NRS and come to an evaluation soon.

Aker aims at wind power in Japan

Aker Offshore Wind and Mainstream Renewable Power (75 percent owned by Aker Horizons) has been selected as the best bidder for an initial 50 percent stake in a floating offshore wind power project in Japan, the two companies announced Thursday morning.

See also  A new record in the Oslo Stock Exchange

They will now enter into exclusive negotiations with owner Progression Energy with a view to establishing a private company (SPV) to develop the 800 MW project. By comparison, Britain’s Equinor Dudgeon project is 402 MW. This project cost about 12 billion NOK to build.

Aker Offshore Wind is up 6.5 percent since the start.

Aker Offshore Wind, which develops the technology that will build and own offshore wind farms, is one of several Aker green companies that have been detached and listed separately on the Euronext Growth Market on the Oslo Stock Exchange. The largest owner is Aker Horizons with 51 percent.

Aker Horizons stock is up 0.36 percent since the start.

Results of a new study from Ultimovacs

Before the exchange opened, Ultimovacs, which is working on a vaccine against cancer, announced that the vaccine had received 60% objective response rate for their second cohort in the first phase study. This means that six out of ten patients have had their cancer shrink within one year with the help of the Ultimovac cancer vaccine.

Ultimovacs stock rose 6.5 percent in the opening hours of the exchange.

– This is a similar result to what we saw in the first group of 20 people, Ultimovacs wrote in the stock exchange announcement. Nine out of ten were also cancer survivors one year after starting treatment. The survival rate in the first group was 85 percent.

The two largest shareholders of Ultimovac are Bjørn Rune Gjelsten and Stein Erik Hagen. The company is headquartered in Oslo, while the study is taking place in the United States.

See also  - This risk falls on the rental companies - E24

Rush result before opening time

This was announced by Norcod cod farmer Thursday morning An uproar of 25.2 million kroner in the first half. Most of the losses come from a downward adjustment to the value of biomass, after the new CFO came to the conclusion that this was previously severely overstated.

On the other hand, Sparebank 1 SMN . reported Higher result than beforeWith a profit of 755 million Norwegian kroner. Lower loan losses contributed significantly to the result, but revenue was also 15 percent higher compared to the same quarter last year.

Komplett Bank has joined its side Significantly lower profits in the second quarter. Revenue was down 15 percent from the same quarter last year, while profits were down a full third. The company’s share fell 6.5 percent on Thursday morning.

Okeanis Eco Tankers got one Adjusted EBITDA of $22.2 million in the second quarter This year, a result has halved since the same period last year. Ocean shares fell 2.65 percent at the opening of the exchange.

Oil price jumped again after closing time

Since the Oslo Stock Exchange closed yesterday, the price of oil has improved from $70 per barrel of North Sea oil to $71.2.

At lunchtime on Wednesday, oil prices fell sharply by 1.3 percent after the White House asked OPEC countries to increase production. On Wednesday evening, the price of oil recovered and has remained at the level since then.

Since the closure of the Oslo Stock Exchange, stock exchanges in the United States have also set a new record. The Dow Jones Industrial Average and the S&P 500 rose to untouched levels, while the heavyweight Nasdaq fell slightly.

See also  Microsoft drops password - new app could revolutionize our login habits

On Wednesday afternoon, the latest figures came from the US Department of Labor, which showed the continuing sharp rise in prices in the US.

The country’s consumer price index rose 0.5 percent in July, and 5.4 percent from the same period last year.

He writes that it is still at the level that economies previously expected CNBC.

When the Oslo Stock Exchange opens, it is also fixed on the Stock Exchange in Asia. The big indices in Tokyo, Hong Kong and Seoul don’t move much in the morning.

Read on E24 +

Kristen Skogen Lund (54): – I tried to be in an image that didn’t suit me