Nel fell sharply on the positive Oslo Børs

Nel fell sharply on the positive Oslo Børs

The main index was in the red for a long time, but turned around just two hours before closing on Wednesday. The main index ended at 1431.7 points.

The price of oil has risen approximately 1 dollar in the last 24 hours, and a barrel of North Sea oil is traded on Wednesday followingnoon for just under 85 dollars a barrel, writes Today’s business.

Among today’s most traded companies, the results have been mixed. Equinor rose 1.6 percent, as did Aker BP. Yara had an increase of 2 percent. Kongsberg Gruppen and DNB both end the trading day in the red with declines of 0.9 per cent and 0.3 per cent respectively.

The hydrogen company Nel presented figures for the second quarter of the year before the stock exchange opened. The company had a profit before tax of minus NOK 120 million in the second quarter of this year, an improvement from minus NOK 345 million in the same quarter last year.

Turnover ended at NOK 332 million, down from NOK 371 million in the second quarter of last year, it was revealed in a stock exchange announcement from the company on Wednesday. This is a reduction of 10 percent from the same period last year. In the stock market announcement, Nel writes that the decline in turnover was particularly influenced by a lower volume delivery of alkaline electrolysis equipment in the quarter.

The Nel share fell sharply following the release of the figures and ended Wednesday with a decrease of 7.1 per cent.

On the European stock exchanges, results have been weak on the third day of the week. At 16.30, the Dax 40 index in Frankfurt has fallen 0.2 per cent, while the FTSE 100 in London and the CAC 400 in Paris have risen by 0.5 and 0.1 per cent respectively.

#Nel #fell #sharply #positive #Oslo #Børs
2024-07-20 15:01:53

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