The Oslo Stock Exchange from the start



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After 31 minutes of trading, the main index on the Oslo Stock Exchange stands at 749.78, after a 1.7 percent rise.

Shares and share certificates have so far been traded for NOK 795 million.

The rebound came as a result of the Wall Street surge yesterday and earlier in Asia today. In Europe, the German DAX increases 1.5 percent.

Oil stocks in the sieve

Oil prices are rising.

Brent oil is up 3.5 percent to $ 32.22 in today’s trade, and has therefore risen more than two dollars compared to Oslo’s closing time yesterday.

WTI oil is up 2.7 percent to $ 28.29 a barrel.

On the Oslo Stock Exchange, Equinor rises 0.7 percent (NOK 0.95) to NOK 136.45, despite the fact today that the share excludes dividends of $ 0.27 (NOK 2.74).

Aker BP rises 4.3 percent to NOK 161.45, while DNO adds 5.6 percent to NOK 4.48.

Pexip above

Among the heavyweights, we note that DNB has risen 3.8 percent to NOK 114.85 in the second-highest volume to date, while Storebrand has risen 2.3 percent to NOK 42.80.

Yesterday’s rookie, video conferencing company Pexip with, among others, owner Aksel Lund Svindal, continues to rise 39 percent with a new 2.5 percent to NOK 89.68 so far this Friday.

A preliminary count released last night indicates requests to subscribe for 2.8 billion shares in the Norwegian private placement, which is seven times the number of shares to be issued.

The stock falls 3.3 percent to NOK 5.09, which is more than five times the share price of a crown.

Duo of salmon in red

Today’s rally is happening in general terms, and we have to go down to the 15th most traded stock to find the red. Specifically, it is SalMar, which falls 1.8 percent to NOK 412.90.

Lerøy Seafood continues the downward trend after disappointing quarterly figures yesterday in a further 2.0 percent reduction to NOK 53.23.

The losers list is led by Klaveness Combination Carriers, which returns 8.9 percent to NOK 31.60.

Most often followed is the Solstad Offshore heavy debt supply company, where shareholders face a massive dilution. Participation falls 4.8 percent to SEK 37.8.

Biotechnology duo

The winning list is led by River iGaming, which climbs as much as 38.7 percent to NOK 6.35 at Merkur Market. Yesterday’s quarterly report shows that the company is taking advantage of the change in strategy that came into effect from the change of year.

SeaBird Exploration is up 15.4 percent to SEK 25.5 after the quarterly report showed a doubling of operating income in the first quarter.

Nordic nanovector rises 13.1 percent to NOK 23.72, following the EU’s happy announcement that the so-called “orphan drug designation” application for treatment of marginal zone lymphoma (MZL) is coming to approval.

Elsewhere in biotechnology, BerGenBio rises 10.5 percent to NOK 43 after Nordea manager Jakob Vossgård, in our interview on the stock exchange, highlights the stock as a dual candidate.

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