Among the pre-trading on the IG trading platform, the Oslo Stock Exchange was down 0.81 percent after 1 p.m. 07 Tuesday.
Roger Berntsen of Nordent believes that the Oslo Stock Exchange will open at 0.5 percent, or within a period of time [-0,7, -0,3] percent.
Asia
In Japan, the Nikkei rose 0.55 percent, while the broader Topix rose 0.81 percent.
China’s Shanghai Composite Index rose 0.48 percent, Hong Kong’s Hang Seng fell 0.12 percent, and South Korea’s Kospi fell 1.30 percent.
India’s Sensex is down 0.94 percent, Australia’s S&P/ASX 200 is down 0.98 percent, and Singapore’s Straits Times is down 0.22 percent.
Read the full update for Asia here.
oil prices
Brent crude rose 0.62 percent to $120.25 a barrel on Tuesday morning, while West Texas Intermediate crude rose 0.76 percent to $119.40 a barrel.
By comparison, a barrel of North Sea oil was trading at $118.60 a barrel at the close of trading in Oslo on Friday.
Wall Street
The first trading day of the week on the New York Stock Exchange ended slightly higher for all of the leading indices, the S&P 500, Nasdaq and Dow Jones.
The S&P 500 rose 0.31 percent to 4,121, while the Dow Jones rose 0.04 percent to 32,909. The Nasdaq rose 0.40 percent to 12,061.
However, the rally was rather subdued throughout the day as the ten-year-old American rose to more than 3.03 percent, the highest recorded by the “world’s most important interest rate” in about a month.
Read the full US update here.
Oslo Stock Exchange
Although the Oslo Stock Exchange opened on Friday, trading closed unchanged on the last trading day of the week. The main index closed marginally up 0.03 percent at 1266.59.
Fearnley Securities raised price targets on Avance Gas and BW LPG, while ABG Sundal Collier upgraded the duo from wait to buy. Avance Gas finished on the list of winners, up 5.6 percent to NOK 60.85, while BW LPG rose 7% to NOK 80.30.
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