May 19, 2022

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Big drop in the stock market - seven stocks fell in double digits

Big drop in the stock market – seven stocks fell in double digits

Equinor It fell 4.2 percent while Aker BP They stopped down 5.9 percent. our energy Weakened 5.5 percent. DNO It was 8.5 percent. BW Energy On Monday morning, I mentioned a weak monetary balance and a drop in production in the first quarter. The stock fell 7.1 percent.

red

Among the most heavily traded stocks, it’s red as far as the eye can see, with the exception of one: REC Silicon. More on that later in this issue.

Aker’s prospects Its wholly owned subsidiary Aker Narvik has entered into a joint venture agreement with Nordkraft to develop land plots for energy-intensive industries in Northern Norway. The stock fell 6.2%.

Monday fell XXL 6.3 percent on the Oslo Stock Exchange, after Pareto Securities issued a share update that nearly halved the company’s expected market value. In the update, Pareto downgrades the XXL score to continue. The target price has been roughly cut in two, and has been revised to 12 kroner from the previous 21 kroner.

Berenberg raises the target price Nile From 18 to 20 kroner. That is 38 percent above Monday’s price. The stock fell 4.9 percent.

John Fredricksons golden ocean It fell 10.5 percent. The share has risen significantly in recent months, and has increased more than 35 percent since the new year. Tor Olaf Troms digging digging It’s down 13 percent, but is still up over 75 percent since the start of the year.

Norsk Hydro It fell 8.5 percent.

Intra It fell 7.1 percent. DNB analyst Simen Mortensen found a very low interest rate bomb in the notes in the company’s accounts, and he’s now slaying the target rate.

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Read the rest of today’s stock tips here.

Top

Among the most traded stocks are REC silicone Only strengthening, an increase of 5.4 per cent.

South Korea’s Hanwha Solutions has made an announcement of results to REC shareholders ahead of an extraordinary general meeting scheduled for May 2. The main message from Hanwha is that they are doing their best to open the REC silicon plant in Moses Lake, Washington in 2023.

Hanwha apparently has big plans for REC, says Jonas Fremming at SpareBank 1 Markets to Finansavisen.

Fernley Securities analyst Nils Thomsen believes 2022 will be a record year for fish farmers on the Oslo Stock Exchange, and feels compelled to raise price targets significantly.

2022 is more powerful than we can imagine, analysts say in a recent report called Record-breaking year.