Lucky investors doubled their money in a few days



[ad_1]

On Wednesday, the main index of the Oslo Stock Exchange fell by 0.13% before closing at 865.52 points. The shares were traded for just over NOK 5 billion.

Large companies such as Telenor and Yara fell by 1.71% and 0.63% respectively, while those of DNB increased by 2.37%.

Oil / Equinor

A barrel of oil from the North Sea exchange at 61.67 dollars, down 0.76%

Equinor fell 1.14% to NOK 168.90.

Dolphin Drilling takes flight

Dolphin Drilling Girl, Dolphin Drilling AS, Monday signed a contract with Norske Shell for drilling on the Knarr field on the Norwegian plateau. The contract is $ 15 million and includes well drilling as well as two additional well options.

Monday, the title jumped 36.28% Tuesday 26.11% and Wednesday from 31.31% to 2.60.

XXL

Dolphin Management, which is controlled by the president of XXL, Øivind Tidemandsen, sells 2.4 million XXL shares at a price of 25 NOK each.

At the same time, Altor Fund IV bought 7.1 million XXL shares at a price of 25 NOK, or 5.10% of the company. Subject to the approval of an extraordinary general meeting, Altor has entered into a purchase agreement for 3,096,274 treasury shares of XXL at a price of NOK 25.

The news was well received at the Oslo Stock Exchange, where it jumped 20.38% to NOK 28.

PGS

On Wednesday, the PGS dropped 15.59% to NOK 13.02. This occurred after the turnaround of the company and the withdrawal of refinancing announced at the end of May. PGS justifies this by the increased volatility of financial markets and the weakening of investor sentiment.

Rune Pedersen, CEO of TDN Direkt, said the company should be able to conclude a better transaction in the second half of 2019 until the market deteriorates significantly.

Austevoll Seafood

DNB Markets has has upgraded his recommendation on Austevoll Seafood to buy from the reserve, and repeats the NOK 101 course goal.

The share rose 1.67% and ended at 88.35 NOK.

Holding Scanship

Oslo Børs has decided to raise the shares of Scanship Holding to be listed on the Oslo Stock Exchange. The first trading day is not determined, but will be communicated by August 3 if the company meets the conditions for admission to the Oslo Stock Exchange.

– Listing on Oslo Axess has served us well since the listing of 2014. Given the growth and development of the company, which now has more than 1,500 shareholders, we find it natural to be transferred to the main list. This will make the company more visible and attract a broader investor group, said Henrik Badin, director of Scanship, earlier this year.

The share climbed 9.12% to 15.55 NOK. During the day, the action reached a record of 15.90 NOK.

[ad_2]
Source link