Oslo Børs with a cautious rise on Friday – oil prices fell

Oslo Børs with a cautious rise on Friday – oil prices fell

Thus, the stock exchange recovered somewhat after it fell by 0.8 per cent on Thursday. The main index ended at 1,434.12 points.

Today’s winner was Kongsberggruppen, which rose by 3 per cent. Seadrill rose by 2.2 per cent, while the day’s loser was Frontline, which fell by 2.3 per cent.

Equinor, which earlier in the week delivered a better result than expected, became Friday’s most traded share, almost as usual, and rose by a moderate 1 percent.

Among the other larger companies on the main index, Norsk Hydro recorded a plus of 0.9 per cent, and DNB with 0.9 per cent. Telenor fell by 0.8 and Aker BP by 0.4 per cent.

The krona strengthened somewhat after a sharp weakening on Thursday. Dollars and euros cost 11 and 11.94 kroner respectively, according to Today’s business is still several tens of cents more than a month ago.

However, the price of oil fell sharply, and a barrel of North Sea oil was traded for around USD 79.8 a barrel at the close of trading, down by as much as 3 per cent. A barrel of US light oil fell by around 2 percent to around $76.50 a barrel.

In Paris, the CAC 40 index rose by 1.2 per cent, while in London the FTSE 100 rose by 1.1 per cent. The DAX 30 in Frankfurt rose by 0.6 percent.

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2024-07-27 16:21:03

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