Seadrill peel on the Stock Exchange – HegnarOnline

The arrows pointing sideways from the start of the Oslo Stock Exchange Friday.

The main index is writing to 658.72, up 0.12 per cent in today’s trading.

Shares and equity certificates are traded for 536 million.

The main index is thus up 0.3 percent last month and 14.2 percent year to date.

The development happens in the wake of the stock market rally in New York yesterday and Tokyo-rise before today.

Leading European exchanges opens up.

British FTSE 100 rising 0.25 percent, German DAX 0.3 percent and French CAC 40 0.2 percent.

Does the oil run out for themselves?
Oil prices see red Friday.

Brent July oil falls 0.4 percent to $ 66.44 a barrel, about one dollar below the levels at closing in Oslo on Wednesday.

WTI oil falling 0.5 percent to $ 59.60 a barrel, but is still likely to its ninth straight week of recovery. This will then be the longest period of expansion since 1983, Reuters reported.

Analysts point out according to news agency that oil prices have over performing in relation to the fundamental situation. The offer continues to exceed demand, which is hampered by a lackluster world economy.

– The last price movements for a number of commodities suggests that the rally in recent months have largely done away, writes ANZ analysts in a note.

Seadrill peel
on the Oslo Stock Exchange Statoil fall 1.3 percent to 156.80 kroner.

Operator OMV announces dry well in production license 537, where Statoil has a 15 per cent stake.

On the negative side, we note also Seadrill, falling 5.8 percent to 103.20 million.

The stock rose sharply Wednesday, but went on a blow to New York yesterday.

Equity Strategist Kristian Tunaal DNB Markets characterized Wednesday’s rise as premature.

– Even if oil prices were to stabilize at, let’s say $ 75, maybe even $ 80, so come yet rig market to fall, he told Reuters.

Several oil stocks struggling. Subsea 7 is down 1.7 percent to 88 million, while PGS falls 3.6 percent (2.00 million) to 53 million. The decline exacerbated by the stock goes ex-dividend.

Frontline in front
Relatively speaking tops North Energy winners, with a rise of 16.6 percent to 1.69 million .

Almost follow John Fredriksen’s tanker company Frontline, rising 8.3 percent to 19.50 dollars.

Blom and Bergen Group climbs respectively. 6.2 percent to 25.80 kroner and 6.7 percent to 1.60 million, while the Intex Resources put on 5.9 percent to 1.80 million.

We also take that Bakkafrost, who provided the ages salmon profit earlier this week, draws up 5.0 percent to 201.50 kroner.

The stock has never been higher.

In Finansavisen Friday drag manager of Holberg seafood Fund Jann Molnes, until the stock as one of his great favorites.

Taper list is topped by Nordic Financials, falling 32.6 percent to 1.26 million on modest volumes.

Virtually follows Noreco minus 18.2 percent to 31.90 million.

Finally, we mention that both Scana Industrier and Oslo Axess-listed African Petroleum falling 5.9 percent to 32 cents.