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The main index of the Oslo Stock Exchange finished the day at 1.18% at 899.13 points, after a strong recovery approaching a new intraday record for the index.
In total, shares and certificates of participation were traded at over NOK 4.5 billion.
Oil prices
Oil prices have risen since the opening, while news was found that there was a break in negotiations between the Shipowners Association and Safe . As a result, more than 600 platform workers were stunned, and among the companies, Shell reports, among other things, that Shell closed Knarr's field following the strike.
Commerzbank points out that, despite the fact that the production of the Knarr field represents only a small part of world production, it could affect oil prices even though the market is already very tense. In addition, the Bank points out that there is already a significant shortage of Libyan oil on the market and that the country's production is currently around 527,000 barrels per day. That's just a little less than half of the level of production landed in February.
A few minutes before the end of the year, Brent oil landed 1.52% to 79.27 dollars a barrel. American lettuce is up 0.73 percent at $ 74.39 a barrel.
According to TDN Direkt, Carnegie oil analyst Oddvar Bjørgan believes that most of the price increase is due to the closure in Libya and that US sanctions against Iran are starting to take effect. The analyst further argues that the strike of Norwegian oil workers is likely to have an insignificant effect on oil prices, but given the supply problems in other producing countries. , this could be perceived by some abroad as a potential disruption
Equinor set a new intraday record when the stock hit $ 225.50 on Tuesday. The title gained resistance at the record level, but still rose 2.41% to 225.4 crowns.
Aker BP is expected to report slightly better figures than the first quarter due to higher oil prices in the last quarter. The company is expected to release its quarterly figures this week.
– For the second quarter report, we do not expect any major changes in the outlook for the future. We believe that the company could eventually provide more detailed information on the size of sales of projects remaining in the Capex guide to the Sverdrup project, according to TDN Direkt, analysts Teodor Sveen-Nilsen and Tommy Johannesen of Sparebank 1 Markets.
At the end of the stock market, Aker BP finished up 2.65% to 317.6 Norwegian Kroner, while DNO increased by 4.27% to 15.87 Norwegian Kroner.
Mixed reactions before the resurrection
On Thursday, DNB publishes its figures for T2. Seventeen analysts are forecasting a pre-tax profit of NOK 7803 million for DNB in the second quarter of 2018, showing estimates received by Inquiry Financial for TDN Direct. This amount will then increase from NOK 6 819 million in the second quarter of last year.
Of the 14 analysts who provide recommendations, only five buy or "overweight". Eight recommends teams, while the last one has an "underweight" recommendation.
Thursday this week, Norwegian Air Shuttle also highlights the numbers. The airline is expected to report an EBITDA of -165 million NOK for the second quarter of 2018, compared with 59 million NOK in the same quarter of last year, according to TDN Direkt.
Three in five participating brokerage firms recommend the purchase from Norwegian Air Shuttle, while two recommend teams.
Winners and losers
I.Mr. Skaugen tops the list of companies listed on Oslo Børs, up 10.53% to 0.829 NOK. REC Silicon reached second place after rising 8.91% to 0.899 crown, followed by Thin Film Electronics, which recorded an 8.65% gain to 1.734 crown.
Among the largest, Stolt-Nielsen is also At the end of the stock market, the stock closed at 5.83% to reach 134.4 Norwegian kroner
. NTS ASA will top the currency list on Tuesday after losing 6.15 percent to 45.8 kroner. The part is followed by Fred. Olsen Energy, which lost 5.98% and finished at 6.29 kroners
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