Oslo Børs ended the week with an upturn – the krone falls in opposition to the greenback

As standard on Oslo Børs, the Equinor share was probably the most traded. On Friday, the value ended up 1.31 per cent with a turnover of NOK 617 million. The turnover was thus roughly two and a half occasions higher than for the subsequent two firms on the listing of the ten with probably the most turnover, Yara and Norsk Hydro. The latter was considered one of six firms on this listing that went into the purple on Friday.

On the listing of the inventory alternate’s winners, the photo voltaic cell firm Otovo ended up on the very prime with a rise of 51.92 per cent. The rise got here after the corporate introduced on Friday morning that it had entered right into a partnership with Volkswagen’s charging firm Elli, writes E24.

The worth of North Sea oil fell considerably on Friday afternoon and at 5 p.m. it was hovering round USD 75.75, down 0.18 % since midnight.

Whereas many firms on the Oslo Inventory Change fared properly, the worth of the Norwegian krone in relation to the US greenback was worse. At 5 p.m. the krone had weakened by 1.2 per cent to NOK 10.68 after excellent job figures have been introduced within the US. The krone additionally weakened by 0.5 % in opposition to the euro to 11.55.

In any other case, Friday has been a reasonably quiet alternate day on the main European inventory exchanges. At 5 p.m., the FTSE index in London was down 0.25 %. The DAX 30 in Frankfurt fell 0.32 %, whereas the decline within the CAC 40 in Paris was 0.21 %.