Strong day on Oslo Børs – OBI Online

The main index on the Oslo Stock Exchange climbed 1.22 percent today before ending at 609.48 points. It was traded shares for 2.1 billion.

During the last month the main index fell 2.55 percent while the benchmark index is up 5.81 percent so far this year.

Large companies like Telenor and Yara, and DNB put respectively 2.60 percent, 1.43 percent and 0.55 percent. Shareholders of Seadrill and Hydro experienced declines of respectively 0.68 percent and 0.33 percent.

Small growth impulses from the United States
Morningstar is out with new, quarterly predictions the US stock market.

– S & amp; P 500 has regained most of the lost in the August correction, but look again to be fully priced. Investors should be prepared for moderate returns over the next five years, it is evident from the report.

Analysts believe that the market increasingly driven by high-flying growth stocks like Amazon and Netflix.

Petroleum / Statoil
After oil prices Monday fell to its lowest since June 2004, Tuesday marked by a pronounced rise. A barrel of North Sea oil traded now for $ 37.58, up 2.76 percent.

Saudi Arabia announced Monday large-scale plans to cut its huge budget deficit, including through reductions in fuel subsidies.

– The budget signals the short term probably no changes in the energy and foreign policy, writes analysts at Bank of America Merrill Lynch told Reuters in a note.

– Førjulsrallyet in oil has stalled, while the countdown to New Year started. Iran is gearing up to fill the market with new 500,000 barrels per day within weeks after the sanctions are lifted, while the ceasefire in Libya also add new barrels, said commodity strategist Ole Hansen, Saxo Bank said.

Hansen told Hegnar.no earlier in December that Q1 2016 would be a tough period for oil prices, but that it would lift themselves throughout the year.

Statoil share gained 0.73 percent before ending at 124 respectively.

NEL
It turns well in the so-called New Year’s rocket NEL. Tuesday joined a stock of 5.05 million after a decline of 2.88 percent. During Tuesday was the upper 5.43 million and dropped to 4.70 million.

The Company’s prime
Selvaag Bolig announced that it has acquired 15,332 own shares at an average price of 26.84 cents apiece. The acquisition is linked to the company’s employee stock ownership program, and Selvaag Bolig own with the 365,465 treasury shares.

The stock climbed 0.37 percent to 27.10 kroner.

Avocet Mining
Avocet Mining has agreed with J & amp; Partners in a arbitrasjesak, which has removed a major threat in terms of the short-term liquidity of the company, it says.

The share put up 22.22 percent on thin volumes and ended at 0.33 million.

Akastor
Akastor, as Monday reported internal corruption investigation in a subsidiary, climbed 4, 07 percent to 11.50 million.