September 26, 2022

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The Oslo Stock Exchange opens |  Finansavisen

The Oslo Stock Exchange opens | Finansavisen

The Oslo Bowers opened in a row on Wednesday.

After just over an hour of trading, the main index settled at 1,254.97, down 0.89 percent.

oil price

On Wednesday morning, Brent oil fell 0.25 percent to $92.11 a barrel, while West Texas Intermediate crude fell 0.07 percent to $86.47 a barrel.

In contrast, a barrel of North Sea oil traded for $94.20 a barrel at the close of the Oslo Stock Exchange on Tuesday.

A possible nuclear deal with Iran, and expectations that a recession will affect demand for refined products such as gasoline and diesel, pushed oil prices to their lowest level since January on Tuesday night.

Equinor It drops 1.99 percent to 359.20 NOK, while Aker BP It weakened 2.01 per cent to 316.15 NOK. our energy It fell 1.68 per cent to 39.43 NOK.

in red

Car Shipping Company Wallinius Wilhelmsen Both revenue and profit were weaker than expected in the second quarter. The stock is now down 13.76 percent to 65.50 Norwegian crowns.

coloring It also fell sharply according to the numbers, now down 15.07 per cent to 125.70 NOK. Currency losses have butchered the bottom line, but the company is repeating previous guidance.

Nor Belships It was a good start for the stock market. The company is floating at solid rates and delivering solidly in the second quarter, while at the same time earning 190 million dividends. However, the stock fell 8.59 percent to NOK 18.42.

Kjell Ingie Rocks turbid It ended the second quarter with adjusted equity of NOK 72 billion, down from NOK 74.7 billion in the first quarter. The stock closed down 4.15 percent to 728.00 Norwegian crowns.

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to improve

also Rec silicone The second quarter presented on Wednesday, and the stock is now up 6.99 percent to NOK 24.55. The company provided red numbers, while at the same time announcing that the polysilicon plant in Moses Lake would not be operating at full capacity until the fourth quarter of 2024.

clock maker Xplora It’s still losing money, but it raised turnover last quarter. With this, Xplora shares rose 7.15 per cent to 12.88 Norwegian kroner.

Today’s biggest winner so far is the Kjos family crypto exchange NBXwhich was boosted by 17.58 per cent to NOK 4.28.