Flat frog in Oslo Børs | FinanceAffairs.com

Flat frog in Oslo Børs |  FinanceAffairs.com

The issue is updated.

After leaving behind a difficult week with a decline of more than 2 percent, the Oslo Börse Market opens on Monday. After half an hour of trading, the main index reached 1,395.40, an increase of 0.3 percent.

Oil price

The August contract for North Sea flared oil fell 0.5 percent to $82.23 a barrel. US West Texas Intermediate crude fell 0.5 percent to $78.09 a barrel.

In comparison, the price of oil reached $82.73 at the close of trading on Friday.

President Joe Biden is ready to turn on the oil tap. In an interview with the Financial Times, Biden's energy adviser, Amos Hochstein, said that gasoline prices are “too high for many Americans” and that he would like to see them “a little more lower.”

“We will do everything we can to ensure that the market has sufficient supply to guarantee the lowest possible price for American consumers,” Hochstein told the Financial Times.

moderation It fell 0.3 percent to NOK 288.75 Aker BB It fell by 0.3 percent to NOK 254.40. Our energy It fell by 0.8 percent to NOK 33.68.

movements

Denb It initiates a buyback program of up to 1 percent of the company's shares, which equates to 14.9 million shares. DNB shares are up 1.9 percent since the start.

Neal spin-off Cavendish It experienced an unfortunate development after its IPO on Wednesday of last week. The price fell 20 percent on Wednesday, dropped another 22 percent on Thursday, and closed Friday down 25 percent. However, it recovered some of its losses on Monday and rose more than 10 percent to NOK 15.40.

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when it comes to Nile HSBC lowered its price target to NOK 8, down from NOK 12.6 previously, according to Reuters. The stock fell 3.7 percent to NOK 5.88.

Norwegian It rose 2 percent to NOK 14.08. On Saturday, the ringed fox Øystein Stray Spetalen once again appeared on the airline's shareholder lists. Through the investment firm Tycoon Industrier, the investor purchased half a million shares.

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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