Neil rises on Oslo Poor’s – E24 marginally negative

The main index on the Oslo Stock Exchange is barely in the red on the first Christmas trading day in space.

On the last day before Christmas, Borsen closed with a 0.8 percent increase. There was also a rally in US stock markets before Christmas, and the S&P 500 index set a new record.

Both Oslo and Wall Street could point to an increase of more than 20 percent in 2021, despite the pandemic.

In addition, inflation rates have recently accelerated, which will force central banks, after all, to raise interest rates. In other words, 2022 is conceivably a more challenging year for investors than 2021,” Nordent wrote.

Neil rises after new decades

Nel Hydrogen was up 4.6 percent in the morning to NOK 15.87. The rise is coming two new decades which was reported on Christmas Eve.

Neil will supply an alkaline electrolysis system to a new, unnamed European customer. The order value is three million euros, which is equivalent to 30 million Norwegian kroner.

In addition, the company received an order for several filling stations in the United States. The order is valued at just over $6 million, which equates to 53.7 million kroner.

The price of oil is almost unchanged

The price of oil changed little for the day at 76 dollars a barrel.

It’s time for a new OPEC+ summit on Tuesday, January 4th. Many believe that OPEC countries and Russia will postpone the planned increase of 400,000 barrels in anticipation of a drop in global infection pressure, Nordnet wrote.

Oil companies Equinor and Aker BP each fell 1.6 per cent to NOK 239.5 and NOK 273.3 per share, respectively.

In Asia, many exchanges are closed on Monday, but Japan’s Nikkei is down nearly half a percent at the time of writing.

During the morning hours, Photocure came up with an update on China, Zwipe announced a pilot project in India, Magseis Fairfield was awarded a new contract, and Shelf Drilling secured a contract extension. You can read more about this at share life.