May 20, 2022

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This will affect the Oslo Stock Exchange on Tuesday

This will affect the Oslo Stock Exchange on Tuesday

Among the pre-trading on the IG trading platform, the Oslo Stock Exchange was down 0.12 percent just before Tuesday 08.00.

Roger Berntsen, an analyst at Nordnet, believes that the benchmark opened 0.3 percent, or within the range [0,1,0,5] percent.

Asia

In Japan, the Nikkei rose 1.41 percent, while the broader Topix rose 1.23 percent.

China’s Shanghai Composite Index is up 0.21 percent, Hong Kong’s Hang Seng Index is up 1.06 percent, and South Korea’s Kospi is up 0.68 percent.

In India, on the other hand, the Sensex Index is down 0.57 percent, the S&P/ASX 200 Index in Australia is up 0.86 percent, while the Straits Times Index in Singapore is down 0.24 percent.

Read the full update for Asia here.

oil prices

Brent oil rose 2.83 percent to $118.89 a barrel on Tuesday morning, while West Texas Intermediate crude rose 0.70 percent to $112.90 a barrel.

By comparison, a barrel of North Sea oil was trading at $114.47 a barrel at the close of trading in Oslo on Monday.

Wall Street

Indexes on Wall Street saw a choppy path on Monday and reached their lowest level today after Central Bank Governor Jerome Powell sounded the alarm about rising inflation and promised tough action.

And the Dow Jones index fell 0.58 percent to 34553, while the Nasdaq index closed down 0.51 percent to 13824. Meta Netflix decreased by 2.31 and 1.58 percent, respectively.

The S&P 500 fell 0.04 percent to 4,461. On the upside, energy stocks rose on Monday with higher oil prices, and Occidental Petroleum and Marathon Oil were among the top gainers in the S&P 500, each up about 8 percent. .

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Read the full US update here.

Oslo Stock Exchange

The Oslo Stock Exchange rose strongly on Monday, and is in the green for the fourth consecutive day. The main index closed at 1258.60 points, up 2.45 percent. It’s an all-new high.

Equinor rose 5.2 percent, while BP rose 4.2 percent. Our energy gained 6.1 percent.

Among the technology stocks on the Oslo Stock Exchange and Euronext Growth, only three gave a positive return in 2022. However, analysts’ price targets show that there are eight double candidates. Two of those rose sharply on Monday and the rally became a reality in Elop which finished as high as 21%, while Play Magnus put in 6.2%.

Read the full stock exchange update here.

This is happening today:

Annual Report:

Afaq Aker, Hexa-Poros, Medisteam, Textip

Flour:

EMU: operating balance for January, at 10.00

EMU: January construction production, at 11.00

United States: Richmond Fed Index March, in. 15.00

else:

Magseis Fairfield: Extraordinary General Assembly, 17.00

USA: API oil stock numbers, at 21.30