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There was an increase on the Oslo Stock Exchange on Tuesday.
The main index climbed 0.50% to 882.70 points
In total, shares and equity securities were traded for NOK 3.84 billion.
Equinor increased by 0.28% and Yara by 0.85%, while Marine Harvest fell by 1.48%
XXL experienced a slight rebound, up 3.34%.
Otherwise B2Holding climbed 5.02%.
Hydro rose quarterly
Operating income amounted to NOK 41.25 billion, compared to NOK 24.59 billion in the second quarter of 2017. The operating result is expected to be NOK 40.01 billion. . 19659002] Hydro Svein CEO Richard Brandtzæg tells TDN Direkt that there are still technical and social issues that need to be addressed in the negotiations between Norsk Hydro and the Brazilian authorities.
-We have come a long way, but what is needed for the authorities can make a final decision to lift the embargo, which is still unclear. The technique is really in place, but it's a combination of social and technical things, so there are several things that are discussed. "
Hjalmar Ahlberg analyst Kepler Cheuvreux thinks it's a matter of time when production can start writing to TDN Direct.
Pareto Securities writes that Hydro's results are burdened by higher costs and lower volumes, but are driven by higher realized prices for alumina and aluminum. "Pareto also notes that commodity costs for the bauxite and alumina and primary metals are expected to be elevated in the third quarter, although the latter will benefit from higher realized price premiums.The brokerage is expected to make minor changes in estimates for 2018-2020 after figures on Tuesday.
Norsk Hydro rose by 3.43% to 47.30 Norwegian crowns
Protector-comeback
On Monday afternoon it was learned that Protector Insurance had engaged with Nordea Bank and Pare to Securities to explore the possibility of buying back own shares for around 150 million euros.
Just before the end of the stock market on Tuesday, there was a new message that, due to strong interest, Protector increases the offer of stock-specific shares to 300 million crowns. The purchase price was set at 57,50 Norwegian Kroner per share
The news sent Protector 12.13% to 55 kronor.
Idex
Today, it has been announced that Jinco Universal has integrated IDEX fingerprint sensors into its biometric cards for different purposes.
– Jinco is a pioneer in the integration of smart cards and we are very proud to have chosen to integrate the fingerprint sensor into their biometric dual interface card. said Stan Swearingen, CEO of Idex.
The stock rose about 70% over the last month
Havila Shipping and Subsea Reach
Havila Shipping and Reach Subsea entered a three-year period of contract [19659002] The contract is for the ship "Havila Harmony" with the possibility of extension for two periods each year, it was announced in a message.
Reach Subsea rose 10.2 0% to 2.70 crowns, while Havila Shipping fell 0.11% to 9.17 crowns
Oil prices
On the stock market, Brent oil is up from 1.05% to $ 73.65 while WTI oil is up 1.12% to $ 68.65.
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