This will affect Oslo Bors today

This will affect Oslo Bors today

On Wednesday, the market will set its sights on the Fed’s interest rate decision and new expectations. From a Norwegian perspective, it will also be interesting to follow the sale and start of new homes.

Moreover, there is little news of the company, and at 07.15 there were no stock market announcements.


Markets in Asia and the Pacific developed mixed on the heels of US inflation rising 4 percent in May, the lowest level in two years. This leaves room for the Federal Reserve to skip a rate hike when it meets later this week.

In Japan, the Nikkei index rose 1.2 percent to 33,427 points, while the broader Topix index rose 1.2 percent. The Nikkei 225’s all-time high is just under 39,000 points from December 1989. In the past year, the index is up 25 percent.

China’s Shanghai Composite Index rose 0.2 percent, Hong Kong’s Hang Seng Index fell 0.1 percent, and South Korea’s Kospi Index fell 0.6 percent.

In India, the Sensex was down 0.2%, the S&P/ASX 200 in Australia was up 0.2%, and the Straits Times Index in Singapore was up 0.7%.

Read Asia’s full explanation here.

United States of America

There was a broad rally on Wall Street on Wednesday, with the Nasdaq Technologies Index rising 8.3 percent. The Dow Jones and S&P 500 rose 0.4 and 0.7 percent, respectively.

Figures released by US authorities on Tuesday show that the US consumer price index, excluding food and energy prices (core inflation), rose 0.4 percent from April to May.

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Since May last year, prices have risen 5.3 percent, against 5.5 percent year-on-year core inflation in the previous month. consensus He indicated a rise of 5.3 percent in basic prices on an annual basis and 0.4 percent on a monthly basis.

Today’s inflation numbers come at the same time as the Federal Reserve begins its two-day interest rate meeting. Prior to these numbers, the market considered it 78 percent likely that key interest rates would remain unchanged at 5.00-5.25 percent.

Read the full US commentary here.

oil price

At the Oslo Poor’s close on Tuesday, Brent Oil was trading at $74.55 a barrel, while on Wednesday morning it was $74.40 – a slight decline.

WTI dropped from $69.76 to $69.44 per barrel in the same period.

Oslo Stock Exchange

The main index on the Oslo Stock Exchange closed up 1.57 percent at 1,245.08 points.

Equinor was lifted 3.9 percent in full, while Aker BP rose 3.2 percent. Far Energy rose 4.8 percent.

Today’s winner was Nordic Nanovector, which has been fluctuating wildly on the stock market lately. On Tuesday, the stock was up a whopping 60.3 percent — after dropping 35.1 percent on Monday. Last week it was announced that the biotech company had merged with Thor Medical.

Today’s loser was HydrogenPro, having raised NOK 120 million in a private placement, issuing 5 million new shares at NOK 24 each. stock. The stock closed Monday at NOK 30.40, sending the issue price down 21 percent.

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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