Rise on the Oslo Stock Exchange: Strong decline in Norway – Rise in technology stocks

Rise on the Oslo Stock Exchange: Strong decline in Norway – Rise in technology stocks

The main index on the Oslo Stock Exchange rose 0.25 percent to 1,416.83 points on Thursday. The volume of sales of shares and share certificates amounted to NOK 5.9 billion.

At the close of trading, the July contract for Brent crude rose by 0.7 percent to reach $78.96 per barrel. barrel – and is up from $77.90 at the close of trading on Wednesday. US West Texas Intermediate crude rose 0.8 percent to $74.63 a barrel.

moderation It fell 0.1 percent to 294.30 Norwegian kroner. Aker BB It fell 0.4 percent to 256.40 Norwegian kroner. Our energy It fell by 0.9 percent to NOK 35.00.

Caddles It outperformed on peak trading volume with the price falling 2.3 percent to NOK 63.70. Store owner Swire Pacific has sold shares in the offshore wind energy installation company for approximately NOK 800 million. The shares were sold at an average price of NOK 64.

Norwegian It fell by 7.8 percent to 13.49 Norwegian kroner. The airline presented May traffic numbers on Thursday morning, which were weaker than analysts had expected, but Kenneth Sivertsen at Pareto strongly disagrees with the market reaction.

Pareto Securities provided coverage Ventura Offshore , the drilling project of Christen Sveaas and Arne Fredly, is seeing more upside than their colleagues. The company debuted with great fanfare on Wednesday. However, on Thursday the stock fell 1.8 percent to NOK 28.00.

Aker solutions It announced a new framework agreement worth between NOK 0.5 and 1.5 billion, rising by 1.7 percent to NOK 44.52. The agreement was concluded with Azule Energy and relates to engineering, procurement and construction services as well as FPSO modifications in Angola.

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Radiopharmaceutical company Thor Medical It has entered into an initial agreement with Steenkampskraal Holdings in South Africa for technology cooperation and raw material delivery. This resulted in prices rising by 6.5 percent to NOK 1.11.

Gas shipping companies liquefied petroleum gas And Advanced gas They stood out with prices falling by 4.2 percent to NOK 209.40 and 5.3 percent to NOK 172.00 respectively.

Car ship duo Hoegh Autoliners And Wallenius Wilhelmsen It fell by 5.2 percent to NOK 119.80 and 4.6 percent to NOK 106.20, respectively.

Northern Technology Group It rose 21.2 percent to NOK 4.00 following news of a contract for a subsidiary of MossHydro relating to a filtration system for Oslo municipality's drinking water supply in Huseby. The contract value is 2.9 million Norwegian kroner.

DNB Markets covered the winner of the exchange Hexagonal compounds With a buy recommendation and sees a rise in the stock with a target price. But on Thursday, Hexagon shares closed flat at NOK 32.90.

Elmira Group It fell by 2.0 percent to NOK 32.50, although investor Peter Hermanrud now expects the company's dividends to rise.

Dalila Awolowo

Dalila Awolowo

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