Apartment in Oslo Borz: gas price pushes stocks higher.

Apartment in Oslo Borz: gas price pushes stocks higher.

At 1 p.m., the main index on the Oslo Stock Exchange rose marginally by 0.07 percent.

Salmar falls though upgrade

lower price i Salmar It rose by 1 percentage point from the opening, up 4.1 percent, to NOK 454.40 per share. In fact, it’s going up, as the stock is currently trading at NOK 20 excluding the dividend. DNB Markets has upgraded from Hold to Buy status and confirmed its price target at NOK 565.

On the list of shares traded for the largest number of points today front line And Norwegian Water Get out. Frontline is up 2 percent and Norsk Hydro is up 1.2 percent. For Norsk Hydro, aluminum prices have increased somewhat, in addition to the fact that the company announced on Friday that it had purchased a plot of land in Spain to build an aluminum recycling plant.

Arctic comes out on Friday with a fresh sectoral report in which Frontline price target is revised upwards. They do the same with Hafnia, which rose 2.4 percent.

XXL It rises more than 2 percent after Nordea Markets raised the price target from 1.60 crowns to 1.80 crowns and repeated its sell recommendation. According to TDN Direkt, the brokerage has increased its EBITDA estimates for 2023-25 ​​to reflect reductions in operating costs.

New shareholder lists from Holdings show John Fredriksen defying the banking crisis and going full bore in Nordic banks, betting NOK 700m. So far this year, the KBX Nasdaq Bank Index is down 18 percent, but northern banks have fared much better.

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falls today DNB 0.66 percent while Swedbank It rises 1.2 percent.

Read about John Frederiksen’s Dividend Hiding and Stock of the Week here:

Although SpareBank 1 Markets has taken cover Archer With a buy recommendation and a price target of NOK 1.25, the price fell somewhat by 0.4 percent to NOK 0.92.

On the downside, gas shippers are plummeting Avance Gas And BW LPG by 5.4 and 3.7 percent, respectively. Archer fell 0.7 percent to 91.8 øre despite SpareBank 1 Markets covering the stock with a buy recommendation and a price target of NOK 1.25.

magnolia On Friday, it announced opening the dividend tap and increasing its growth target. There may also be extraordinary dividends that, if the board of directors deems it appropriate, the company reports. At 1 a.m., the share was up 7.7 percent.

oil

The price of a barrel of North Sea Brent oil rose 0.2 percent to $76.10 a barrel. West Texas Intermediate crude rose 0.2 percent to $71.40 a barrel.

Equinor up 0.5 percent to NOK 309 per share, Aker BP It rises 0.5 percent to NOK 263.

TTF gas rose 7.5 percent to 28.95 euros per megawatt. our energy It rises 2.7 percent to NOK 28.

Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

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