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The debut on the stock market was a success for IT company Pexip, but the Leading Index went in the opposite direction.
The Oslo Stock Exchange collected much of the stock in April from the beginning of this year, but May has so far been a most troublesome month in the stock market.
Erik Johansen / NTB scanpix
Published:,
The main index of the Oslo Stock Exchange closes on Thursday with a fall of 2.76 percent and, therefore, observes two consecutive days of fall.
The fall comes the day after the US governor. USA Jerome Powell made bleak predictions.
The United States Governor’s speech has contributed to a decline in both the United States on Wednesday night and Asia in the morning. European stocks also drop significantly in the afternoon.
– Not necessarily the last chapter
Powell said more measures may be necessary to lift the US economy out of the crisis. He also described uncertain prospects for the economy and that he sees significant downside risk.
“Although financial measures have come at an appropriate time and size, it is not necessarily the last chapter,” the Fed chief said in the speech, reports CNBC.
The price of oil rose 2.3 percent to $ 30.2 at the close of the Oslo Stock Exchange.
Among the most traded, we find Equinor, which fell 2.52 percent, followed by Mowi and DNB, which fell 2.45 and 3.87 percent respectively.
Pexip please
The most sought-after, however, was video conferencing company Pexip, which debuted on the Oslo Stock Exchange on Thursday, after raising more than NOK 1 billion on the subject before the listing.
The problem was completed at a price of NOK 63, which gave the company a market value of NOK 6.3 billion before listing.
Shortly after the opening of the stock exchange, the first trade was completed at a price of NOK 90. This was a 43 percent increase in the share price.
At the close, the stock stands at NOK 87.5, and therefore has risen 38.8 percent on its first day of trading. This gives the company a market value of NOK 8.6 billion.
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