Thursday , August 11 2022

The rise in oil prices led Oslo Stock Exchange



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Thus, after falling on Tuesday, the stock market has recovered, but the rise in oil prices is not enough to cease on Tuesday.

The largest share was traditionally the "Equator", which also increased by 2.1%. Apart from stock market growth, other heavyweights also pointed to good results.

Aker VP Dropped yesterday by 4.9 percent. Telenor increased by 2%, Norsk Hydro 1.9%, Marine Harvest and Yara by 1.7%.

Nordic Nanovector was mainly due to 7.9% shareholding in other major shares, followed by Borr drilling 6% and Frontline by 5.4%.

On the other hand, Tomra fell by 3.7 percent, BW Offshore 2.2 percent, Wallenius Wilhelmsen by 1.6 percent.

The Wall Street in the United States has raised the time for Norway after a dramatic decline on Wednesday. This case helped set the situation in Europe and Oslo. On Wednesday, the leading European stock indices again rose. DAX 30 in Frankfurt – 1.4 percent, FTSE 100 in London – 1.2 percent, CAC 40 – 0.8 percent in Paris.

North Sea oil was sold at 63.17 dollars per barrel on Wednesday afternoon, over 1 percent, and sold at 1.9 percent for a barrel of US light oil at $ 54.40 per barrel.

(© NTB)

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