Oslo Børs: Seafood stocks rise after a large purchase

Oslo Børs: Seafood stocks rise after a large purchase

The main index on Oslo Börse ended Friday at 1,278.01, up 0.13 percent. The volume of sales of shares and share certificates amounted to NOK 5.7 billion.

In the oil market, the March contract for Brent oil rose 0.6 percent to $79.60 per barrel. per barrel at the end of the session, while West Texas Intermediate crude remained unchanged at $74.08 per barrel. At the close of trading on Thursday, Brent crude oil was trading at around $78.30. moderation It fell 0.5 percent to 297.80 Norwegian kroner. Aker BB It ended trading flat at 271.90 Norwegian kroner, while… Our energy It fell 0.4 percent to 29.34 Norwegian kroner.

Moi It rose 3.7 percent to 195.50 Norwegian kroner. On Thursday, the seafood giant reported a better than expected operating result, and on Friday Barclays followed up with a recommendation upgrade and raised the price target by NOK28 to NOK250. The same brokerage house also upgraded Leroy Seafood And SalmarWhich rose respectively 0.8 percent to NOK 43.86 and 2.2 percent to NOK 606.80.

Masoval It rose 7.8 percent to NOK 30.50 thanks to relatively high trading volume. Helge Gåsø's investment firm Frøy Kapital bought 4.76 million shares in the agricultural company. Frøy Kapital and its parent company Gåsø Næringsutvikling thus own 6.12 million shares, equivalent to 4.99 percent, in Måsøval.

Forward data shows that such a trade was executed at 12pm on Friday, at a rate of NOK 25.75, giving a total purchase price of NOK 122.6 million.

It was the stock that rose the most on Friday Black Sea Real Estate . There was no news on Friday about the company, which is developing a housing project in Bulgaria, but the stock ended up up 71.2 percent to 38 euros.

See also  Optimism increased on US stock exchanges - and oil prices fell amid rumours

Half group It rose by 11.4 percent to NOK 12.70. On Friday, the company announced an agreement with Esvagt, under which the company will develop a new service operating vessel for offshore wind farms. The value of the connection is more than NOK 100 million.

Sentiment report from Gold Coast, Ifeanyi deal with BlackRock and powerful General Pareto

19.01.2024 We hear about a 'record weak' sentiment report from Norwegian companies, but the oil industry is also contributing to 2024 not being so bad After all, we have to believe chief economist Kerry M. Knudsen at Sparebank 1 SR Bank. There will also be more from the Pareto Energy & Renewables conference, where we speak with Partner Lars Ove Skorpen and Eviny Ragnhild CEO Janbu Fresvik, who recently closed a wind energy deal with BlackRock. There will also be a car talk with Andreas Schiele, who takes us for a look at BMW's XM hybrid supercar and who tells us how electric cars really perform in the cold.

Norwegian The stock ended 1.0 percent higher at NOK 12.11, supported by new ABG analysis as the airline receives a buy recommendation and the brokerage firm raises its price target.

Car shipping companies Hoegh Autoliners And Wallenius Wilhelmsen It rose respectively 4.9 percent to NOK 105.70 and 4.5 percent to NOK 102.00. According to TDN Direkt, Arctic Securities reiterated buy recommendations across the sector, as well as adjusting price targets for both the mentioned shipping companies and for the company. Car carriers gram. The latter fell 0.2 percent to 227.50 Norwegian kroner.

See also  Mowi Pays 724 Million in Dividends - Increases Slaughter Target - E24

Empty The stock fell by 5.4 percent to NOK 100.30. SEB lowered its estimates for the mortgage company – but at the same time reiterated the hold recommendation and raised the price target from NOK 95 to NOK 110.

TGS It fell by 3.9 percent to NOK 103.20. Gaut E, investment director at Eika, predicted this week that the seismic share would halve within the year.

Tico 2030 The biggest drop was on Friday, when the price fell by 16.9 percent to NOK 2.86 – although there was no news on the company. Finansavisen had previously written repeatedly that the company needed capital, and on Monday of October last year a financing solution was put on the table.

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 *