This will affect Oslo Borse on Friday

This will affect Oslo Borse on Friday

Nordnet believes the Oslo Børse Index opened at 0.2 percent, or within range [-0,2, 0,6] percent. DNB Markets also believes the stock market will open 0.2 percent higher.

Asia

Tokyo's record-breaking run continues on Friday, but on other leading Asian bourses, development is rather slow.

The Nikkei index rose 1.3 percent to 35,519.08 points, and the broader Topix index rose 0.4 percent to 2,491.74 points. Both indicators are at their highest levels since 1990.

In China, the CSI 300 large-cap index fell slightly, while the Shanghai Composite Index rose marginally after consumer prices rose just 0.1% month-on-month in December – compared to the trade economists consensus for a 0.2% rise. On an annual basis, the decline in prices amounted to 0.3 percent, compared to the expected 0.4 percent.

Moreover, China's trade surplus reached $75.3 billion in December, up from $68.4 billion in November. The consensus was $74.8 billion.

Read the full Asian commentary here.

Oil price

The March contract for Brent oil will trade on Friday morning at $79.02 per barrel, an increase of 0.9 percent in trading on the day. In comparison, the price of a barrel of North Sea oil was $78.33 when the Oslo Stock Exchange closed on Thursday.

US West Texas Intermediate crude rose 0.9 percent to $73.57 a barrel.

Wall Street

It looked red on Wall Street for a long time. However, all major US indices managed to close almost flat.

  • The Standard & Poor's 500 index closed 0.07 percent lower at 4,780.24 points.
  • The Nasdaq technology index ended the day unchanged at 14,970.18.
  • Industrial heavyweight Dow Jones closed up 0.04 percent to 37,711.02 points.
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Among individual stocks, Microsoft briefly overtook Apple as the most valuable publicly traded company — for the first time since 2021.

The first coin, which has benefited from the artificial intelligence boom, rose 1 percent to $390.68 in early trading, bringing its value to $2.870 billion.

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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