May 27, 2022

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The Oslo Stock Exchange touched an all-time high

The Oslo Stock Exchange touched an all-time high

Shares of two companies soar to a new all-time high; Kongsberg Gruppen The Cole Company.

More winners and losers

Today’s winner was Work Prosafe Which rose by 14.7 per cent to 145.00 kroner. The increase came on the heels of Vicama AS, Vicama Capital AS and Dima AS belonging to the Ulrichsen family, owned by the CEO. In Vicama AS, Didrik J. Vigsnæs bought an ownership stake of up to 6.04 percent on Thursday.

Share North Mining It rose sharply on the news that the lithium project in Finland received a final valuation of NOK 11.7 billion. Previously, the valuation was only $384 million – a third of the current valuation. The stock was paused from the start, but ended the day with an increase of 13.2 percent to 4.08 crowns.

Share Otovo It continued to rise 11.2 percent to 27.24 Norwegian crowns. The 22.9 percent rise this week came after brokerages Arctic Securities and Sparebanken 1 Markets exited with a buy recommendation for the stock earlier this week.

Stock Flex LNG It rose 10.3 percent to 238.80 crowns, after the European Union and the United States announced on Friday morning according to TDN Direkt that they had agreed on other supplies of gas from the United States, as it is reported that the United States will supply the European Union with in another 15 billion cubic meters At least LNG by 2022.

Aker Horizons stock It rose 2.7 percent to 25.18 crowns. The stock has released several buy signals in the past two days. Several analysts have also raised their price targets in recent days and believe the stock could rise as much as 130 percent. On Friday, Nordea and Carnegie markets were also on the stock and expected a strong recovery.

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Mowi .’s work It rose 3.7 percent to 244.70 crowns. Andrej Ike, principal of broker at Global Assets, has the stock as a short candidate and warned Thursday that Russia sanctions will significantly weaken sales of Norwegian salmon.

Schibsted share It rose 2.6 per cent to 223.70 Norwegian kroner. The rally came after DNB Markets believed the stock was trading at a steep discount.

REC Silicon Stock And fell 2.5 percent to 14.66 crowns. The drop came on the heels of Aker Horizons selling the rest of the company’s shares earlier this week.

Volue . Stock The loser was today, down 9.6 percent to 42.50 crowns, followed by Questerre . share Which closed down 8.2 percent to 1.84 crowns.

Slight drop in oil prices

The price of Brent oil fell 0.1 percent when the Oslo Stock Exchange closed, but after 15 minutes it rose 0.6 percent to $119.81. barrel, while West Texas Intermediate crude rose 0.6 percent to $113.18. In contrast, the price of a barrel of North Sea oil was $119.18 at the close of the Oslo Stock Exchange on Thursday.