The arrows pointing upwards marked on the Oslo Stock Exchange on Wednesday.
The main index is writing to 578.21, up 1.2 percent.
Shares and equity certificates are traded for 270 million respectively.
The main index has thus dropped 2.7 per cent last month, but is up 0.3 percent so far this year.
The development happens in the wake of a mixed Wall Street yesterday and rising Asian exchanges earlier in the day.
Investors in Asia, according to Reuters looking for buying opportunities and have expectations of further monetary easing by the Bank of Japan.
Today’s macroeconomic figures from the country was in fact nothing to cheer for. Both industrial production and retail disappointed.
Crude sees red
Oil prices have pulled down during the morning hours.
Brent November oil falls 0.5 percent to $ 47.97 a barrel in today’s trading, after hovering at around $ 48.15 at closing on Tuesday.
WTI oil was down 0.6 percent to $ 44.94 a barrel.
Figures from the American Petroleum Institute (API) showed on Tuesday that US crude oil store rose 4.6 million barrels to 457.8 million in the week ended September 25th. Analysts had told Reuters expected a warehouse building on more modest 102,000 barrels.
– We expect that US oil stocks will fall, due to lower production. American production should continue decline with lower rig counts, says investment analyst Daniel Ang at Philip Futures in Singapore in a note Wednesday.
Statoil rising 1.4 percent to 122 million.
DNB rally on the recommendation
DNB showing the way, and rises 3.9 percent to 111.90 kroner at the obvious highest volume so far.
Deutsche Bank, according to TDN Finans upgraded stock from hold to buy.
Norwegian eases 2.8 percent to 333.10 kroner after fight contract with the military.
We also note that Yara rising 2.4 percent to 344.80 kroner, while REC Silicon put on 2.2 percent to 1.41 million.
Storebrand, DNO, Golden Ocean and Frontline is up 1.2 percent.
DNB Markets has raised its price target on the frontline from 26 to 28 million, and reiterates buy recommendation.
Ladders and falls most
Relatively speaking rises Multiclient Geophysical 11.6 percent to 77 cents, and thus tops winners.
Intex Resources follows closest with an increase of 10.0 percent to 33 cents.
Odfjell Drilling climbs 7.8 percent to 5.93 million, while Western Bulk is up 7.0 percent to 2.90 million.
At the other end we find Oslo Axess-listed Badger Explorer at minus 18.8 percent to 1.95 respectively.
Oslo Axess colleague Hofseth Biocare is down 7.8 percent to 3.30 million, while Noreco goes back 5.6 percent to 25.50 million.
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