Opening of the Oslo Stock Exchange FinanceAffairs.com

Opening of the Oslo Stock Exchange  FinanceAffairs.com

On the other hand, DNB Markets cut its price target sharply TGSThe stock fell 0.85 percent to NOK 98.95. The seismic company announced this morning that, in a strategic collaboration with SLB, it will conduct a multi-client seafloor node survey in the Gulf of Mexico.

in red

Proximar One of the four operating tanks at the new growth facility leaked after disintegration on Saturday, and an estimated 50,000 fish are now estimated to have been lost as a result of the leak. The stock fell by 7.61 percent to NOK 2.55.

Hunter group It fell by 7.59 percent to NOK 2.30. The company announced this morning that it has decided to undertake a redemption of up to 14.2 million shares at a price of NOK 1.75.

Nile The share has weakened by more than 20 percent since the new year, but saw a slight increase on Friday. However, it has now retreated again, falling by 4.09 percent to NOK 5.21. ABG Sundal Collier on Monday lowered its price target on the stock, but maintained a hold recommendation.

Deep value training This morning it could report operating profit of $6.1 million in the fourth quarter, up from minus $12.9 million in the same quarter a year earlier. However, the stock fell 4.50 percent to NOK 23.35.

Oil price

The March contract for Brent oil rose 0.17 percent to $77.46 a barrel on Monday morning, while West Texas Intermediate crude rose 0.07 percent to $72.33 a barrel.

In comparison, a barrel of North Sea oil was trading at $77 per barrel at the end of the Oslo Stock Exchange on Friday.

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According to TDN Direkt, the moderate rise since Friday can be attributed to the US announcing over the weekend that it would carry out more attacks against Iranian-backed groups in the Middle East, at the same time that Ukrainian drones attacked the largest refinery in southern Russia.

Last week, the year-long rise in oil prices almost disappeared in light of talks on a ceasefire agreement between Israel and Hamas.

– Since US military strikes avoid direct attacks against Iran, we believe that talks on a ceasefire between Israel and Hamas will have a dominant influence, says Vivek Dhar, an analyst at the Commonwealth Bank of Australia, according to Bloomberg News and TDN Direkt.

moderation It rose 0.32 percent to NOK 302.05 Aker BB The stock fell 0.07 percent to NOK 273.00. Our energy It rose 0.96 percent to NOK 31.49.

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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