The main index on the Oslo Stock Exchange rose 2.9 percent on Monday to 11,193.88 points. The major European indices FTSE 100, DAX and CAC 40 also ended the day on a positive note.
The price of a barrel of North Sea oil rose 4.5 percent, and its price reached $105.80 at the time of closing on Monday. The price of West Texas Intermediate crude rose 4.3 percent to $101.77 a barrel. Despite several cases of coronavirus in China, oil prices are rising, supported by a weak dollar and limited supply side, according to Reuters.
The rise in oil prices led to the emergence of the three Norwegian oil giants. Equinor It rose 4.7 percent to 342.00 Norwegian kroner, Aker BP It rose 4.9 percent to 338.30 NOK our energy It rose 3.2 per cent to 37.44 Norwegian kroner.
Nile Today it received the largest-ever order for electrolysis equipment, with a capacity of 200 megawatts. The contract was set at 45 million euros, which is just over 450 million kroner. The stock rose 19.1 percent to 15.76 Norwegian kroner and climbed to second place in today’s trading.
On Monday, analysts at ABG Sundal Collier and DNB Makrets raised their price targets in norwegian forest to NOK 75 and NOK 100 per share, respectively. The company rose 3.1 percent to 69.60 crowns, and closed at an all-time high.
also Höegh Autoliners Trousers on Monday in a new track. Shipping analyst at ABG Petter Haugan raised the target price from 64 kroner to 70 kronor, and sees the stock as a potential doubler candidate. On Monday, the stock rose 13.8 percent to 32.55 Norwegian crowns per share.
sass Still in serious trouble, marked by strikes and restructuring. Negotiations with the pilots are still ongoing in Stockholm. – This is not an ordinary negotiation, it is an existential negotiation for SAS, says Niemann in an interview with the Swedish news agency TT on Monday.
– It’s a very dangerous situation. We have been in mediation for three to four weeks and in a dispute for more than two weeks. We are beginning to approach a time when I, as chief negotiator, must realize that we are now not going any further,” said lead negotiator Marianne Hearns at SAS. SAS shares rose 11.1 percent to 0.6656 Norwegian crowns.
I hate prospects Its subsidiary Mainstream Renewable Power today announced a major sales agreement in Africa. Aker Horizons shares rose 10.5 percent to 15.45 Norwegian crowns per share.
companies that green energy groupAnd the kahut And the Auto shop It also made a strong start to the week, rising 16.7%, 5.8% and 5.9%, respectively.
Among the losers today are Zwebi, which is down 9.4 percent, and the Kjoss family Norwegian Exchange which closed down 6.0 percent.
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