The arrows pointing upwards on the Oslo Stock Exchange Friday.
The main index ended at 616.47 after an increase of 0.83 percent.
Europe
By close of trading on the European markets mixed after concerns about the emerging conflict in Yemen.
FTSE 100 in London falls 0.47 percent, while the DAX in Frankfurt is up 0.52 percent.
In Paris the CAC 40 rises by 0.75 percent.
Oil prices in red again
Oil Prices corrects down after Thursday’s rally, triggered by a Saudi Arabia-led air strikes against Yemen.
Fear offers disturbances will cause declines Friday morning.
Brent May oil falls by close of trading with 2.18 percent to $ 57.90 a barrel while WTI spot pulls down 1.90 percent to $ 50.03 a barrel.
– market are now questioning by how sustainable effect geopolitical events have on oil prices, says investment director Jonathan Barratt at Sydney-based Ayers Alliance Reuters.
Read also: New Saudi attacks, but oil prices back in red
He characterizes a blockade of the Bab-el-Mandeb strait between the Red Sea and Adengulfen unlikely.
Goldman Sachs writes Reuters in a note that Yemen attack would have little effect on oil supply, since the country is a small manufacturer with its around 145,000 barrels per day in 2014.
SEB analyst Bjarne Schieldrop wrote something similar in an update yesterday.
Read also: Saudi bombs gives oil rally: This is the great fear
Røkke rally
On the Oslo Stock Exchange rose 0.35 percent to Statoil 143.40 million, while The Norwegian ended up 4.32 percent to 45.59 dollars.
CEO Øyvind Eriksen writes in Akers annual report that the company will invest more time and resources in the Norwegian forward.
SEB raises moreover price target on the Norwegian from 45 to 60 million, it went forward an update Friday.
– As a result of probable changes in the company’s loan covenants we raise our price target mainly because we have removed our previous assumption an issue, writes brokerage.
Kjell Inge Rokke Aker will otherwise cut a number of costs.
“Given’s results in 2014 have bonus payments become reduced compared with 2013. Employees with an annual salary of over 1.5 million have not received any pay increases, while those who earn below this has gotten a inflationary increase of two percent, “writes Eriksen.
Aker ended up 0.84 percent to 180 million.
RCCL excelled today positively with an increase of 8.25 percent to 630 kroner after the competitor Carnival has ordered nine new ships. The stock was today’s second biggest winner.
Carnival could additionally report a profit per share of $ 0.20 in the year’s accounting Q1, compared with a zero result a year ago.
According to TDN Finans was expected a profit of $ 0.10 per share.
On the negative side, we note Seadrill, which fell back 2.85 percent to 76 , 70 million.
DNO ended down 1.13 percent to 11.33 kroner after canceled the repair issue.
Subsea 7 was also among the losers – down 1, 81 percent to 70.55 million.
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