Opening of the Oslo Stock Exchange FinanceAffairs.com

Opening of the Oslo Stock Exchange  FinanceAffairs.com

(issue updated)

Oslo Børs opens on Wednesday mornings.

After 31 minutes of trading, the main index reached 1,411.86, up 0.33 percent, and shares worth NOK 442 million have been traded so far.

Newcomer

Neil's daughter Cavendish hydrogen Today it is listed on the Oslo Stock Exchange. The new arrival fell by 17.44 percent to NOK 26.09.

Nel's board of directors decided to distribute just over 33.6 million Cavendish shares as dividends to its shareholders on June 7. Shareholders then received one Cavendish share for every 50 Neal shares they owned.

NileThe stock rose by 1.92 percent to reach NOK 6.68.

Explodes

Aqua Bio technology It is now buying logistics company Jetcarrier, perhaps for more than the value of the company itself. The stake has now risen by a whopping 45.50 percent to NOK 5.66.

The purchase price could be up to NOK 241 million, of which NOK 126 million will be used to subscribe for 18 million Aqua Bio shares at a price of NOK 7. This is 80 percent higher than yesterday's closing price on the Euronext Expand exchange: NOK 3.89.

Autovo It rose by 8.54 percent to NOK 2.16. The company announced this morning that it is making changes to the group's management, and is now creating three new management roles.

The share of solar cells rose by 47 percent last month, among other things after strong momentum following the announcement of its entry into a partnership with Volkswagen's electric vehicle charging company Ely.

Among shipping stocks, there was a broad decline on Tuesday, among other things after an update from ABG Sundal Collier that container and automobile transport would be most affected by the possible reopening of the Red Sea Route. But on Wednesday, many stocks recovered somewhat.

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MPC container ships It rose by 1.51 percent to 21.54 Norwegian kroner, Golden ocean It rose by 1.17 percent to NOK 138.05, while Hafnia It rose 1.25 percent to NOK 84.95. Hoegh Autoliners However, the decline continued, falling by 0.27 percent to NOK 112.20 due to higher trading volume.

Oil price

Brent crude for July delivery on Wednesday morning rose 0.61 percent to $82.42 a barrel, while West Texas Intermediate crude rose 0.81 percent to $78.53 a barrel.

In comparison, a barrel of North Sea oil was trading at $81.26 per barrel at the close of the Oslo Stock Exchange on Tuesday.

moderation It rose 0.40 percent to NOK 299.55 Aker BB It rose by 0.46 percent to 261.70 Norwegian kroner. Our energy It rose 0.06 percent to NOK 35.14.

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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