Oil giants continue to rise on green Oslo Bores

Oil giants continue to rise on green Oslo Bores

moderation It rose 1.6 percent to NOK 380.10 Aker BB Gains of 1.1 percent to NOK 318.70.

Our energy It rises by 3.0 percent to NOK 35.78. On Monday morning, it was reported that HitecVision, as a result of the restructuring at Point Resources Holding AS, will transfer approximately 1.2 percent of Vår Energi shares to minority shareholders.

Today’s movements


He was the biggest winner on Friday PCI Biotechnology , which ended with 53.7 percent under a cooperation agreement with an undisclosed research partner where PCI Biotech’s technology for gene therapy production will be tested in the partner’s pilot production process. On Monday, the stock rose 29.2 percent to NOK 2.70.

Petronor– The share was strengthened by 0.50 percent to NOK 7.95 after the production update. As reported less than a week ago, the company lifted more than 330,000 barrels of oil from the Djino terminal, generating cash flow of $30 million.

Carbon capture from Aker The pre-nutrition study for Just Catch was obtained from a Swedish energy company. The stock rose 2.9 percent to NOK 10.30.

In a sector report, Pareto Securities raised its price target to liquefied petroleum gas And Advanced gas Monday. The former rose 2.4 percent to NOK 129.60 on the Oslo Stock Exchange, while Avance Gas rose 3.36 percent to NOK 123.00.

Front line It rose 0.9 percent on Monday. Clarkson analyst Frodi Morkedal believes the stock will rise much more. Last week, the stake rose 16 percent after the shipping company bought 24 large tankers from rival Euronav. Among analysts, there are now 11 buy recommendations, five hold recommendations, and no sell recommendations on the stock.

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Norwegian Atlantic Airlines The airline’s stock rose 6.5 percent on Friday after Italian group Scorpio acquired its shares to become the airline’s largest shareholder, overtaking CEO and founder Björn Tore Larsen. At lunchtime on Monday, the stock was up another 3.0 percent to NOK 20.40.

Empty It fell nearly 6.0 percent on Friday after DNB Markets cut its price target from NOK 140 to NOK 100, and repeated its sell recommendation. On Monday, Arctic Securities also lowered the price target from NOK 153 to NOK 120. The mediation reiterates the suspension recommendation. The stock fell 1.3 percent to NOK 110.10.

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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