The decline continued on Oslo Børs



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DNB was today the most traded company, but the stock fell by 4%. Then followed Equinor (-1.4) and Telenor (-3.1).

Norwegian was the only company of the top five traders, up 1.9%. This comes after the airline delivered surprisingly good results for the second quarter on Thursday and shattered market expectations.

The profit before tax for the second quarter was NOK 369.6 million, against the same result in 2017, NOK 909 million less

However, the CEO of the airline Bjørn Kjos was not not satisfied with the result.

– We are on the right track, but it's not good if we see it from a slightly longer standpoint, Kjos told NTB after the quarterly presentation to Fornebu on Thursday.

Aker BP was also on the list of the most traded companies. , which finished 0.8 percent. On the other hand, today's brush strokes have become Oceanteam, which, after rising 20 percent Wednesday, finished 10 percent Thursday.

On Wednesday afternoon, oil prices dropped dramatically in a few hours, both for North Sea oil and for American light oil.

The decline continued on Thursday, and at 5 pm Thursday, a barrel of light oil was traded for $ 73.04, down 1.4%. At the same time, US light oil was sold for $ 69.67 barrel, down 0.7 percent.

(© NTB)

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