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On Thursday morning, the leading index rose 0.65 percent after a week of high lead. Equinor is one of 19 companies that submitted a quarterly report prior to the opening of Børsen.
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The oil giant warns that it is cutting values of NOK 27 billion due to the weaker price outlook. When Eldar Sætre last released a quarterly report as CEO on Thursday, the numbers were weaker than in the same period last year.
At the same time, Aker BP’s quarterly report shows that the company will cut investments by 920 million. DNO increased its deficit in the third quarter and posted values of NOK 1.89 billion in the North Sea.
Kahoot also released new figures Thursday. The learning platform continues explosive growth, increasing billable revenue by as much as 241 percent in the past year.
Kahoot’s stock has fallen since the stock market opened and is down 0.35 percent.. While Equinor went from a slight rally when trading started at minus 1.57 percent after just over two hours.
Here’s how the other companies are doing Thursday morning:
- Aker BP rises 3.79 percent
- DNO rises to 4.04 percent downward
- Orkla was up from the start and continues to rise 5.73 percent
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Striking case
On Wednesday, stock markets around the world had a leaden day.
The main index closed down 3.19 percent. The drop came, among other things, after the negative evolution of oil prices, which fell more than four percent on Wednesday.
At the same time, Wall Street had its worst trading day since June. The top three indexes fell more than three percent.
Also in Europe, the Frankfurt and Paris stock exchanges closed sharply. Thursday’s trading begins with a slight rise on the mainland.
The global recession came after the second corona wave hit more and more countries.
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Must close again
The new wave of infections is forcing Europe to shut down again.
In France, intensive care units are filling up once again, and both President Emmanuel Macron and Prime Minister Angela Merkel in Germany announced Wednesday night that they would be closing the society again.
On Thursday, fear of viruses continued to erode the mood in Asia, where most equity markets are falling.
The fall also continues for the price of oil after the opening of the stock market. In less than half a day, the price of a barrel of North Sea oil has fallen 3.51 percent to $ 37.65.