Oslo Børs ends the week in plus – E24

The main index showed a cooler rise earlier in the day, but gradually calmed down a bit and closed 0.61 percent higher at 908.44 points.

The index is raised by solar company Scatec, which rose 4.6 percent to NOK 250.0 per share, and is among the top ten most traded companies.

Kjell Inge Røkke’s Aker Offshore Wind rises 17.1 percent to NOK 6.98 per share. The stock is also one of the most traded in Børsen on Thursday. During the day, the stock has been at the highest price since the company went public in late August.

On Thursday, Sparebank 1 Markets set a target price of NOK 9. If Aker Offshore Wind succeeds in completing five offshore wind projects that the company has on the block, the stock may be worth 30 crowns, analyst Jonas Meyer said according to Finansavisen. Thursday.

Norwegian is also among today’s winners, up 9.43 percent after a severe recession the day before. On Wednesday, the company filed for bankruptcy protection for several of its subsidiaries in Ireland. This happened after the government refused to provide further support to the company.

The airline now has about five months to come up with a reorganization plan. Norwegian has stated in Irish court that the company is more valuable with continued operations, as opposed to a situation where the company goes bankrupt.

The most expensive division of stocks on the stock market

Since the opening of the trading day, Arendals Fossekompani no longer has the most expensive Børsen share. Earlier this week, the company’s general meeting decided to implement a stock split after the stock has been the most expensive on the Stock Exchange for many years.

On Thursday afternoon, the stock was trading for NOK 4,700. One old share will now become 25 new ones. Converted to the current number of shares, Thursday’s closing price was NOK 188.

After a strong start for Arendal’s action at Fossekompani, the jubilation has subsided somewhat. As of closing time, the share is down 1.6 percent to 185 kroner.

No clarification from Seadrill

Crisis-stricken Seadrill released a business update on Friday morning that largely lacks accounting figures. The company lost NOK 1.52 billion during the third quarter, due to lower cash. Seadrill stock ends the day down 2.18 percent.

MPC Container Ships is up 1.87 percent after presenting figures. Awilco LNG has followed suit, and share is down 5.6 percent.

Otherwise, on the stock market, the hydrogen company Nel rises 2.3 percent as the most traded, while Adevinta rises 2.97 percent and Equinor rises 0.37 percent.

Telenor, for its part, fell 0.10 percent. The company announced late Thursday that it is selling Tapad, which on sale is valued at NOK 2.5 billion. After the write-offs of the investment, Telenor is left with a loss of NOK 720 million.

The price of oil is trading 0.9 percent higher on the day at $ 44.5 a barrel. There is a slightly more cautious rise in equity markets in Europe, and in the US, equity markets opened slightly in the red with new corona-related uncertainty.