This will affect the Oslo Stock Exchange

This will affect the Oslo Stock Exchange

Immediately after 08.00, according to the IG trading platform, futures indicate a decline in Oslo Poor’s by 0.39 percent since the start.

Nordnet’s Roger Berntsen thinks Oslo Borse will open 0.2 percent, or within range [0, 0,4] percent.

The Nordnet analyst points out that US investors were relatively calm on the last trading day in 2022.

The Nasdaq index ended the year down 33 percent. The Dow Jones index achieved the best performance among the leading indices in the United States in 2022, falling by 9 percent, while the Standard & Poor’s 500 index fell by 19 percent.

“During the pandemic, when key interest rates were cut to zero, growth stocks in the Nasdaq rose while value stocks in the Dow lagged, so it wasn’t surprising that most things went in the opposite direction in 2022 when central banks raised interest rates. again,” Berntsen writes.

Asia

Stock exchanges in Japan, China and Hong Kong were closed Monday morning.

Other than that, South Korea’s Kospi is down 0.55%, India’s Sensex is up 0.40%, and Australia’s S&P/ASX 200 is up 0.29%. And strengthened the Straits Times newspaper in Singapore by 0.06 per cent.

oil price

The price of Brent oil increased 2.94 percent to $85.91 a barrel on Monday morning, while West Texas Intermediate crude rose 2.37 percent to $80.26 a barrel.

On the other hand, a barrel of North Sea oil traded at $84.51 per barrel at the close of the Oslo Stock Exchange on Friday.

Wall Street

The New York Stock Exchange ended the last trading day of the year on Friday again down. The major indexes on Wall Street haven’t fallen since the 2008 financial crisis as much as they did in 2022.

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The Dow Jones index ended Friday down 0.22 percent, to 33,147.35, while the Nasdaq fell 0.11 percent, to 1,066.48. The S&P 500 fell 0.25 percent to 3,839.53.

On Monday, US markets are closed.

Read the full US update here.

Oslo Stock Exchange

Also in the Oslo Poor’s, it ended the last trading day of the year in the red, and the main index fell 0.73 percent to 1189.00.

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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