Oil drops by nearly double digits – towards deflation from the start on the stock exchange

Oil drops by nearly double digits - towards deflation from the start on the stock exchange

Read the full update for Asia here

oil prices

Brent oil fell 0.4 percent to $108.74 a barrel. barrel, while West Texas Intermediate crude oil rose 0.3% to $105.40. In contrast, the price of North Sea oil reached 109.43 dollars at the close of the Oslo Stock Exchange yesterday.

United States of America

The S&P 500 is approaching its worst half year since 1970. The common denominator? inflation. The effects of the wave on the market do not appear to be waning and the indices were reduced on Thursday:

  • Standard & Poor’s 500 It fell 1.01 percent to 3,780 points.
  • Nasdaq It fell 1.50 percent to 11,009 points.
  • Dow Jones It fell 0.89 percent to 30,752 points.

Read the full US update here

Oslo Stock Exchange

On Thursday, the main index closed down 2.27 percent to 1,170.28 on Thursday. Thus, the Oslo Stock Exchange left behind its weakest second quarter in more than 10 years, Nordea chief investment officer Robert Ness noted to Finansavisen on Thursday. June 2022 is the worst month for the stock market in more than two years.

Tor Olav Troim . share digging digging It fell 23.60 percent on Thursday. Borr Drilling rose significantly earlier this week after the sale of billions of rigs and the massive acquisition of private equity firm BlackRock. The stock has been going like a bullet since February of this year.

android storage company Auto shop It fell 13.79 percent Thursday. It was an analysis from ABG Sundal Collier in particular that caused the AutoStore price to drop the most. The brokerage abandoned its buy recommendation and downgraded the rating to “hold” with a sharp cut in its target price. Earlier this week, Morgan Stanley also cut its price target significantly.

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Petroleum work petroleum She topped the list of winners today, with a 32.20 percent increase, but of a modest size.

Packaging Manufacturer bewe On Thursday, as many as 24 properties and one plot of land with a total value of NOK 2 billion were sold to KMC Properties. KMC shares rose 4.1 percent, and Bewe shares fell 1.42 percent.

At the top of the list of losers is over green energy group , formerly known as Seabird Exploration, with a decline of 26.63 percent. The company announced earlier today that the sale of its earthquake business has been suspended.

Read the full stock exchange update here

This is happening today

Extraordinary General Assembly

Andfiord Salmon (12.00)

Macro, Norway

Registered vacancy, June (10.00)
PMI Industry, June (10.00)

macro outside

Japan: Unemployment rate, May (01.30)
Japan: Tokyo District KPI (01.30)
Japan: Tankan, Q2 (01.50)
Japan: Final Manufacturing PMI, June (02.30)
China: Caixin PMI Industry, June (03.45)
India: PMI Industry, June (07.00)
Spain: PMI Industry, June (09.15)
Italy: PMI Industry Final, June (09.45)
France: PMI Industry Final, June (09.50)
Germany: PMI Industry Final, June (09.55)
Eurozone: PMI Industry Final, June (10.00)
Germany: VDMA machine order, May (10.00)
Eurozone: Sentix investor confidence, July (10.30)
UK: PMI Industry Final, June (10.30)
Denmark: PMI Industry, June (11.00)
Eurozone: Provisional CPI, June (11.00)
Italy: CPI Preliminary, June (11.00)
USA: PMI Industry Final, June (15.45)
USA: ISM Industry, June (16.00)
USA: Construction Investments, May (16.00)

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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