May 21, 2022

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What you need to know before opening the Oslo Stock Exchange

What you need to know before opening the Oslo Stock Exchange

Leading US stock markets rose for most of Wednesday, but a few hours before closing, fell after the US recorded the first case of the Omikron variant.

  • The Standard & Poor’s 500 Index fell 1.18 percent to 4,512.
  • The Dow Jones Industrial Average closed 1.34 percent lower at 34.021.
  • The Nasdaq Technology Index fell 1.83 percent to 15,254 points.

The market is also marked by comments from Central Bank Governor Jerome Powell on Tuesday, which announced the reduction of the central bank’s quantitative easing.

main index

Companywide, ELOP has provided numbers for the third quarter, while Seadrill is holding its regular general meeting.

On Wednesday, the main index on the Oslo Stock Exchange rose 0.7 percent before closing at 1,189.68 points, and shares traded for NOK 5.0 billion.

Share Morgan Stanley’s List Car shop , but now the major US bank expects a sharp exchange rate depreciation and sets the target exchange rate at NOK 36. The stock fell 5.1 percent to 42.89 Norwegian crowns.

– This is very good news for SoftOx, the non-diamond CEO said after the company’s EU Commission explanation. The stock rose 11.0 percent to 53.80 Norwegian crowns.

Tori Torfond has resigned as CEO of REC Silicon. The current CFO of REC silicone, James A. May 2, he will serve as CEO while the board searches for a new CEO. The stock fell 6.3% to 20.40 Norwegian crowns.

financial calendar

From the events related to the Oslo Stock Exchange, we note that today ELOP presents its report for the third quarter, while Seadrill is holding its annual general meeting.

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In Sweden, Erik Penser Bank arranges a “Life Science” theme day, while Avanza/Nordnet provides monthly statistics for November.

Macro, Norway (SSB)

Sick leave, third quarter
Alcohol sales, third quarter
General Government Revenue and Expenditure, Third Quarter
Bus cost index, third quarter

The numbers will be displayed at 08.00.

macro outside

Germany: VDMA machine order, October (10.00)
Eurozone: unemployment, October (11.00)
Eurozone: PPI, October (11.00)
USA: Challenger forecast stats, November (13.30)
USA: Unemployment Claims, Week to 11/27 (14.30)