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The Oslo Stock Exchange ended the day positive after Pfizer announced even higher efficiencies for its corona vaccine. The company must also submit the vaccine for approval within “a few days.”
VACCINATION: The European and US stock exchanges were also up on Wednesday afternoon.
Lise Åserud
Published:,
The main index ended the day up 0.43 percent.
The Oslo Stock Exchange rose since the beginning on Wednesday, and the rise increased to 13. At that time, the pharmaceutical company Pfizer and the German Biontech announced that their corona vaccine is 95 percent effective.
Last week, the company declared the vaccine to be 90 percent effective, sending equity markets up sharply.
In addition, Pfizer will send the vaccine to the US authorities for approval within “a few days.” Moderna, which declared similar efficacy for its vaccine on Monday, plans to apply for approval in a few weeks, writes Bloomberg.
The price of oil also rose on the news. At the close of business, the price of oil rose 1.4 percent on the day to $ 44.38 a barrel.
Stock market stop in Norwegian
Before 2pm, the Oslo Stock Exchange was delisted in Norwegian pending a message from the company. After the stock market closed, nothing new had come out of the company and it was still not possible to trade the stock. Before the stock market crash, Norwegian was down 0.32 percent.
SAS stock rose on the stock market crash and was one of Børsen’s most traded at the close. The shares were up 6 percent on the day.
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Norwegian stock market crash pending notification from company
Powerful for Havila
Havila Shipping was marked from the beginning as one of today’s winners. At the close, the stake was up 43.12 percent.
Several companies submitted earnings reports before opening hours at the Oslo Stock Exchange. Among them are Play Magnus (0.59 percent less), Klaveness Combination Carriers (6.43 percent more), BW Energy (1.41 percent less) and ADS Crude Carriers (5.73 percent). hundred less).
The biggest turnover at the close was DNB, which was up 2.96 percent, while Nel was up 2.15 percent. Equinor was slightly down 0.07 percent.
Beginners of the stock market
On the same day, the mobile phone company Nortel makes its debut on Merkur Market. The company carried out a share issue in connection with the listing at which NOK 75 million were raised by selling shares at NOK 15.62 per share. At closing time, the stock was trading for NOK 22.
Smartwatch maker Xplora Technologies also has its first trading day. At the beginning of November, Xplora raised NOK 100 million at a price of NOK 377. Subsequently, a share split took place, corresponding to the subscription price of NOK 15.08. At the end of the trading day, the share cost NOK 20, an increase of 32.6 percent.
On the same day, the acceptance period for Standard Drilling’s buyback program for up to 30 million shares also begins. The company offers shareholders to sell the shares for 90 øre, which is about 14 percent above Tuesday’s closing price. The share rose 11.17 percent to 0.88 kroner.
Mixed in the United States
On Wall Street, it is mixed with the shutdown of the Oslo Stock Exchange. While there is a slight rise in the Dow Jones and the S&P 500, the Nasdaq is in the red.
Here, Pfizer is up 2.25 percent, while Biontech is up 3.31 percent an hour after the US stock market opens.
On the Asian stock exchanges, there was mainly a rebound on Wednesday morning, with the Tokyo Stock Exchange being the exception. Also in Europe, the large stock exchanges are at the plus at 4.30pm.
