Opening of the Oslo Stock Exchange

BW LPG is following Hafnia’s lead and is up 3.3 percent (NOK 2.85), despite the fact that the stock on Friday also excludes the $0.52 (NOK 5.42) dividend. So does Gram Car Carriers, which rose nearly one percent (NOK 1.24) after an exclusive dividend of NOK 1.75.

Results among the most traded aren’t the biggest, but PGS rose 1.5 percent in the fourth-highest volume yet after a new 3D post out of African Namibia.

In the salmon segment, SalMar, Lerøy Seafood and Grieg Seafood are down 0.5-1.0 percent, while Mowi is up slightly. Intrafish writes that the proposal on a land rent tax could come as early as Friday.

Idex has reached a milestone

Idex Biometrics leads the list of winners, up 16 percent after its first major contract. Linxens has placed an order with Infineon for SLC38 chips, which include the Idex card operating system software.

The closest comes after Norse Atlantic Airways, which fell by more than 9 percent. CEO Bjørn Tore Larsen announced in an interview with Finansavisen earlier this week that the company has enough capital to avoid further problems, and at the same time aims for profitability in the second half of this year.

Observe Medical continues to rise another 16 percent in the wake of a letter Thursday in which CEO Ron Nystad wrote about significant progress since the numbers were presented for the fourth quarter. He also mentioned that the company is preparing for a new funding round with Spribank 1Markets.

Mining stocks crash

Nordic Mining stock fell 64 percent after a dumping case in which the miner awarded a 75 percent discount to Arne Blystad, Tor Svelland and Thomas Østerbø. Thus the old owners are eliminated from the company, leaving them with only 15 per cent plus what they themselves might have subscribed to in the issue.

Edda Wind stock fell nearly 8 percent after it was issued to fund the purchase of four new CSOV buildings. The four largest shareholders, Østensjø Wind, Wilhelmsen New Energy, Geveran Trading and EPS Ventures, were awarded NOK 970 million worth of shares from a NOK 1.2 billion issue.

Eidesvik Offshore fell by double digits in the first few minutes, but recovered and fell just 4 percent to NOK 14.80 after issuing NOK 130 million at NOK 12.