February 4, 2023


Complete News World

Towards a bad start in Oslo Bors despite the positive US news

Towards a bad start in Oslo Bors despite the positive US news

Among the pre-trading on trading platform IG, Oslo Børs fell 0.6 percent shortly after Wednesday 07.00.

Roger Berntsen thinks Oslo Bors will open flat today, or within range [-0,2, 0,2] percent.


In Japan it goes up Nikki 0.8 percent, while wider topixThe index rose 0.6 percent.

goes in China Shanghai boat by 0.1 percent, Hang Seng In Hong Kong, by 0.9 percent, and Cosby In South Korea, it rose 1 percent.

In India it goes up Sensex 0.4 percent, S&P/ASX 200-The index in Australia rose by 0.7 percent, and The Straits Times In Singapore, by 0.5 percent.

“Investors in Asia were influenced by what happened on Wall Street on Tuesday night. The Nikkei 225 closed up 0.7% in overnight trading. The Hang Seng (+0.7%) and Shanghai CSI 300 (+0.2%) also rose. It remains to be seen if This marked the beginning of a classic Christmas rally. All 10 subsectors in Asia finished with a positive score, which is positive in isolation,” Berntsen wrote in his morning report.

Read the full Asia update here.

oil price

Brent crude fell 0.4 percent to $80.33 a barrel on Wednesday morning, while West Texas Intermediate crude fell 0.3 percent to $75.13 a barrel. On the other hand, a barrel of North Sea oil was traded at $79.83 a barrel at the close of the Oslo Stock Exchange on Tuesday.

United States of America

Indices on Wall Street pulled back somewhat during the trading day after gaining ground after fresh inflation data showed that inflation was less than expected last month. The annual rate of inflation in the United States decreased for the fifth month in a row and reached 7.1 percent in November.

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This is how the indices performed on Wall Street:

  • Dow Jones It rose 0.34 percent to close at 34,119.12 points.
  • Standard & Poor’s 500 It rose 0.75 percent to 4,020.31 points.
  • Nasdaq It rose 1.01 percent to 11,256.81 points.

Stock markets immediately responded to the news, suggesting that price pressure is on the way down in the world’s most important economy. In the cards, this will “color” today’s interest rate meeting at the Fed. In the last four interest rate meetings, the central bank has raised US key interest rate by 0.75 percentage points, hoping to “stifle” inflation. But this time, most people expect a 0.5 percentage point hike, “Berntsen wrote.

Read the full US update here.

Oslo Stock Exchange

The Oslo Poor’s Index rose on Tuesday and the main index ended at 1,217.03 points, up 1.75 percent.

Hydrogen Corporation Hainyun On Monday it finally announced The green light was given to operate the hydrogen plant in Gothenburg. The news sent the stock up 66 percent, but on Tuesday it fell 20 percent to NOK 1.02.

Mortgage competitor Infibco It raised 15 million euros in a private placement, announced Tuesday morning. The stock fell 12.6 percent to 29.10 Norwegian crowns.

Asoulef Tefteriyd preferred Lemon The guidance horizon extends from 2025 to 2027 and sets a target of operating revenues in excess of NOK 10 billion. The stock fell 1 percent to 26.20 Norwegian crowns.