Oslo Bors Rise – Mortgage Company Falls Hard – E24

Oslo Bors Rise – Mortgage Company Falls Hard – E24

Seadrill rises after selling drilling rigs, and the mortgage company declines after the main owner disposes of shares.

Oslo Stock Exchange
Published:

The issue is updated.

The main index on the Oslo Stock Exchange rose 0.64 percent at 09.30. It ended the second trading day of the week with a decrease of 0.47 percent.

This is what it looks like for a group of the most actively traded stocks shortly after opening hours:

  • Invipco Holdings shares fell 4.23 percent after the sale
  • Equinor rose 0.81 percent
  • DNB shares fell by 0.76%.
  • Yara rises 1.14 percent
  • Norsk Hydro shares rose 2.32 percent

The price of oil rose by about 0.55 percent since midnight. A barrel of North Sea oil (the burnt spot) is trading at $84.7 per barrel. Almost like when Oslo Bors closed on Monday.

Mortgage company sales associate

Leila Bouri sold more than 2.97 million shares in mortgage company Envipco, which is equivalent to about 5.16% of the company's outstanding shares.

Envipco reported this on Stock exchange announcement Tuesday night.

The shares were sold for NOK 64 per share.

After the sale, the Al-Buri family will remain with 29.2% of the company's shares.

The stock fell by 4.93 percent.

Seadrill sold three rigs

Seadrill has completed the sale of three jack-up platforms, West Castor, West Telesto and West Tucana, according to Seadrill. message.

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The rigs and the company's 50% stake in the company that operates the rigs outside Qatar were sold to Gulf Drilling International, Seadrill's partner, for an amount equivalent to US$338 million.

The stock rose 2.38 percent.

I picked up 400 million

Shipping company Haugesund Edda Wind, which specializes in operating service vessels for use in the offshore wind industry, has raised NOK 399.5 million in a private placement. The share price reached 23.50 Norwegian kroner, according to a stock exchange announcement issued by the company on Tuesday evening.

The company has Wilhelmsen-controlled Geveran Trading, John Fredriksen and EPS Ventures as its three largest shareholders.

The arrow is flat.

Codelab raised 40 million

Codelab Capital (formerly known as Patientsky) has raised NOK 40 million in a private placement. The share price was 0.29 Norwegian kroner, according to one of them message.

The company stated that the purpose of this issuance is to finance the company’s commercial phase and capital requirements, in addition to other purposes.

The share price was NOK 0.29.

The stock is down 29.22 percent and is trading for NOK 0.3.

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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