Oslo Bors is rising from the start

Oslo Bors is rising from the start

Status will be updated throughout the day.

On Tuesday morning, the main index on Oslo Børs opened up 0.2 percent to 1,422.08 points.

Today's movements

Arendal Waterfall Company Its shares fell 8.9 percent on the stock exchange on Tuesday, after the company announced after the stock market closing time yesterday the delisting of values ​​in its subsidiary Comio, which develops battery technology. AFK is now considering alternatives to Commeo, but in the worst case, the full value of €81.3 million, equivalent to NOK 935 million, could be lost.

Lemon DNB Markets shares fell 1.1 percent after DNB Markets announced in its morning report that Finnish competitor Scanville issued a negative profit warning on Monday.

“This update may affect the price in Kitron at the opening today. If the sales guidance from Scanfil is achieved, this will mean a decrease in sales volumes of 7-14 percent compared to 2023. According to the company, the background for the downward adjustment will be a decrease in warehouses with customers And increased uncertainty related to sales “macroeconomic outlook,” says the morning report from the brokerage house.

Both Ultimovacs and Nykode Therapautics reported positive results from their cancer vaccines in the morning hours on Tuesday.

Ultimovax , which produces a UV1 cancer vaccine against malignant mole cancer, reports that all patients in the UV1-103 trial who were alive for 3 years were still alive at 4 years, with a minimum follow-up of 4 years. In the study, UV1 was combined with the antibody pembrolizumab as first-line treatment in patients with advanced metastatic melanoma or who cannot be operated on. The stock rose 50 percent on Tuesday, after a short trading break at the open of the stock market.

See also  Interest and currencies, NOK | Norway bank accuses roulette

Nicode treatments It announced promising results in the latest study related to the APC-directed neoantigen vaccine, which will be used in the treatment of colon cancer. The stock rose 4.3 percent.

Invipco It rose 2.1 percent Tuesday morning. The stock performed strongly on the stock market, although its biggest competitor Tomra fell sharply.

Fusion mates PGS And TGS Before the opening of the stock exchange, it was announced that the British competition authorities had approved the merger, thus providing all necessary conditions to complete the merger. PGS rose 1.7 percent and TGS rose 1.4 percent on Tuesday.

Oil price

At market open, the price of a barrel of North Sea oil (Brent spot price) was $81.66, down 0.3 per cent – ​​but still about 5 per cent higher than the low hit a week ago.

The July contract for Brent crude reached $81.66 per barrel, up 0.04 percent. The July contract price for US light oil, West Texas Intermediate Crude, is $77.79, up 0.1 percent.

Ole Rikard Hammer of Arctic Securities commented on Monday that he sees three reasons why oil prices will rise in the future.

Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

Leave a Reply

Your email address will not be published. Required fields are marked *