Oslo Stock Exchange declines – AI stocks rise by 30 percent

Oslo Stock Exchange declines – AI stocks rise by 30 percent

Salmar It fell 0.6 percent Moi It fell 1.9 percent Leroy It decreased by 3.3 percent Greg's Seafood It closed down 1.6 percent.

also Car store It rose before the weekend, and ended Friday up 11.6 percent. This happened after Arctic Securities in an update pointed to a LinkedIn post from trade expert Brittain Ladd indicating that Amazon had expanded its cooperation with the company. The stock rose at most 4.3 percent on Monday, but ended down 3.4 percent to NOK 19.67.

Boarding

Hoegh Autoliners And Wallenius WilhelmsenThe shares, which fell sharply last week due to potential EU tariffs on Chinese electric vehicles, closed Monday up 2.2 percent and down 1.7 percent, respectively.

Pareto Securities notes in an update on Monday that although auto shipping lines fell by 10-14 percent following the Chinese news, shares of select European automakers were little changed, while Chinese automakers rose by 5 percent.

“It is clear that the long-term impacts of the trade war will be negative, but the short-term impact should be limited, and we see both Höegh Autoliners and Wallenius Wilhelmsen generating around 10 percent of their company value in quarterly EBITDA while generating double .digital returns,” writes the brokerage house.

Archer It rose 18.8 percent on Friday after Carnegie assumed coverage on the stock. Carnegie analyst Eric Aspen Fossa believes a stronger balance sheet and better earnings will double Archer's price. On Monday, the rise continued further by 5.7 percent.

– Europris is well positioned for continued growth, DNB Markets analyst Ole Martin Westgaard.

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The stock rose 0.6 percent.

It rose on Wednesday of last week CodeLab by a whopping 199 percent after a report was issued that its subsidiary Uniscale had achieved a breakthrough in artificial intelligence technology. On Monday, the company reported that Uniscale for every March 1, there were 541 unique users of the product, and from now on they must report numbers from the affiliate monthly.

CodeLab's share also topped the list of winners on Monday and rose by 30 percent. Last month, the share rose by more than 170 percent.

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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