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The main index of the Oslo Stock Exchange climbed 0.17% before reaching 878.30 points. There were NOK 3.2 billion trading shares.
Several of the larger companies were able to show price increases. DNB took 0.82% and finished at 160.05 Kronor, Hydro climbed 0.73% and ended at 45.73 Kronor, while Telenor assumed 0.31% and finished at 159.60 Kronor.
Goldman Sachs chooses to reduce Telenor's price target to 175 crowns from 195 previous crowns and repeats his neutral recommendation
Oil / Equinor
A barrel of oil from the North Sea traded at $ 73.67, up 0.82%. "The effect of the trade war and the recognition that President Trump and his administration seriously believe in this area are finally starting to be registered in concessions with traders and investors in oil and other financial markets. "said Greg McKenna, general manager of AxiTrader. Hughes counted that on July 20, there were 1,257 aircraft in operation, six more than a week ago [19659002] Equinor finished Monday at 213,20 kroners after rising 0.19%.
XXL
XXL
] SEB and ABG Sundal Collier downgrade the recommendation According to Bloomberg News, Nordea Markets downgraded its price target to NOK 86 versus NOK 103 and repeats the buy recommendation, according to TDN Direkt
. a better relationship between risk and return in the coming quarters.
Friday, XXL fell by 26.14%. On Monday, it dropped by 4.30% before reaching NOK 47.85
Solstad Farstad
After long-term negotiations and countless postponements of interests and installment payments , an agreement was finally reached with Solstad's creditors. Solship Invest 3 AS, a subsidiary of Farstad, as part of a financial restructuring of the company.
– We are very pleased that we have reached an agreement with the lenders and their continued support of the group Solstad Farstad, "said Lars Peder Solstad, CEO, in a message.
Monday, the action finished at 6.23% after an increase of 5.59%.
Spectrum
1.77 percent decline to NOK 55.60.
Strykes of Oslo Børs
– Oslo Børs considers that the shares and obligations of Seadrill Ltd. and the associated financial instruments can no longer be listed on Oslo Børs, and have decided to flatten the financial instruments of the listing, writes Monday in an IPO.
At the same time, the shares and bonds associated with Sevan Drilling will be ironed, but for the same reasons. Seadrill and Sevan shares will be removed from July 25. The date of the last registration will be July 24th.
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