Reviled stock soar to the top – OBI Online

Having pointed only slightly upward earlier today, Oslo Børs has gotten up steam beyond Friday morning.

The main index is currently (10:48) in 559.62, up 1.34 per cent .

Shares and equity certificates are hitherto traded 1.145 million.

the dollar worries

the development happens in the wake of nervous recovery in the US yesterday and mixed Asia- exchanges before today.

the latest future weakening in the dollar worries.

– Dollar basket has fallen 3.2 percent since closing Friday and 2.3 percent in two days, Wednesday as the worst day for the dollar index DXY in seven years, writes IG strategist Evan Lucas according to CNBC in a note Friday.

– a dollar strengthening at 36 percent the past 12 months limits clearly US growth. US competitiveness squeezed, and the Federal Reserve is isolated as the only central bank which “normalizes” monetary policy, put Lucas to.

Oil prices turn up

Oil prices were down in the morning hours, but has now reversed up.

Brent April oil rising 0.9 percent to $ 34.77 a barrel, and stood in comparison to around $ 35.60 a barrel as stock market closed yesterday.

WTI -Oil is up 1.2 percent to $ 32.11 a barrel.

Oil prices take their Statoil, which is now up 0.6 percent to 119.70 kroner in the wake of the rise of just over nine percent in yesterday – the third best day of the company’s stock exchange history.

Otherwise, the oil rises DNO 3.6 percent to 6.47 million. Figures from KRG showed yesterday that exports rose in January. The Norwegian is up 1.9 percent to 53.10 crowns.

Norwegian Forest to the top

In oil climbs Subsea 7 0.7 percent to 54.05 million, while Aker Solutions is up 1.8 percent to 28.20 kroner. The company is a candidate for two jobs in Asia.

Frontline is among the few that stands out negatively, with a fall of 2.7 percent to 85.90 crowns.

Norwegian Forest hurtling to the top list of winners and rising 9.3 percent to 2.12 million after submitted quarterly Friday morning.

the company cut the deficit by roughly one billion to 300 million in Q4 last year.

RCCL marks positively with an increase of 4.5 percent to 624 million.

Lose the list is topped by Siem Offshore, falling 7.9 percent to 1.52 million.

Almost follow Oslo Axess-listed Hugo Games at minus 5.9 percent to 4.60 million, while DOF is down 5.9 percent to 3.65 million.

We also take with Nordic Mining goes back 4.8 percent to 60 cents.