The Oslo Stock Exchange is located – E24

Stock market breaks record streak and starts the week lower.

Refusal: After several days with records last week, Borsen got off to a poor start to the week.


The main index fell 0.8 percent to 1149.6 points, after about ten minutes of trading on Monday.

The chart below shows how the stock market has evolved over the past year.

Equinor weighs down 1.6 percent. Another oil share, Aker BP, fell 0.8 percent.

At the same time, oil prices are falling. The price of a barrel of North Sea Brent oil is $69.5, after a 1 percent drop since midnight.

Green arrows are hit

The list of losers includes several stocks called “green”, including Aker Carbon Capture, Nel and Quantafuel. These fall over 5, 4 and 2 per cent, respectively.

The pullback comes after the benchmark index closed on Friday at an all-time high of 1,159 points. The exchange finished four out of five trading days last week, a record.

In Asia, the Tokyo Stock Exchange fell in the morning, after Wall Street indexes closed at record levels ahead of the weekend.

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The Tokyo Stock Exchange is down

Several European stock markets are falling, including the German DAX.

Disappointing numbers

There was a batch of aggregate numbers overnight, including Japanese figures for the country’s growth, in the form of GDP, which rose by 0.3 percent in the second quarter of the year compared to the previous three months, when the development showed a 0.9 percent decline, according to the figures. Initial from the Japanese authorities.

And China presented figures that showed a disappointing development in the numbers of shopping, or retail trade, which rose 8.5 percent in July compared to the corresponding month of last year, while analysts in a Reuters survey expected 11.5 percent. China also provided industrial production numbers, which rose by 6.4 percent in July, below expectations, which was 7.8 percent, he writes. CNBC.

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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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