Rise in anticipation of the Oslo Stock Exchange



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From IG Trading’s pre-trade, the Oslo Stock Exchange is up 0.40 percent from the start. Nordnet analyst Roger Berntsen believes the leading index is opening 0.3 percent, or within range [0,1, 0,5] percent.

Petroleum

On Tuesday morning, oil burned rose 0.35 percent to $ 51.08, while WTI oil rose 0.33 percent to $ 47.83 a barrel.

By comparison, a barrel of North Sea oil was $ 51.38 at the close of the major index on Monday.

Forecasts of a tightening of US crude oil inventories support prices as inventories are expected to have declined last week, while refined product inventories are likely to rise.

Five analysts polled by Reuters estimate that crude oil inventories fell by an average of 2.2 million barrels last week.

Asia

In Japan, the Nikkei is up 2.66 percent, while the broader Topix index is up 1.74 percent.

You have to go back to August 1990 to find quotes at levels higher than the current development of the Nikkei, according to data from Refinitiv.

The Shanghai Composite in China weakened 0.54 percent and the CSI 300 was down 0.42 percent. Hang Seng in Hong Kong is up 0.85 percent.

In South Korea, the Kospi index rose 0.16 percent, the S & P / ASX 200 index in Australia rose 0.53 percent, and the Straits Times in Singapore rose 0.21 percent.

financial world

The New York Stock Exchange indices rose to new highs on Monday and all closed at new highs.

The broad S&P 500 was up 0.87 percent to 3,735.36.

The Dow Jones closed 0.67 percent higher at 30,401.30.

The high-tech Nasdaq, on the other hand, was up 0.74 percent to 12,899.42.

The increase came after a wide rise in Europe, where Germany’s Dax index rose 1.5 percent to a new high. Europe’s Stoxx 600 was up 0.7 percent and France’s CAC 40 was up 1.2 percent.

“Stocks seem to be finishing the year strong, and I think with good reason,” said Terry Sandven, equity strategist at US Bank Wealth Management.

– There is more stimulus from the authorities, which provides a certain measure of financial stability, the medical progress of Covid-19 continues to unfold, and the macro outlook is favorable for stocks.

On Monday night, the House of Representatives voted to increase the cash payment to millions of Americans to $ 2,000. The decision is now sent to the Republican-controlled Senate, where it is unknown whether it will pass.

The main index

The Oslo Stock Exchange closed Monday for a new higher price. The previous peak took place on Christmas Eve. The main index closed 1.37 percent higher at 966.67 points, and the shares were trading for NOK 4.16 billion.

Both rising oil prices and Trump’s approval of a new crisis package helped influence the positive development.

Monday’s winner was the oil mosquito Zenith energy . Shares rose sharply on Christmas Eve on the news of a new license agreement, and the rise continued on Monday. The stock closed up 64.29 percent.

The most traded stock on the first trading day of Christmas Day was Norwegian NAS, which closed up 32.66 percent. Swedish daily trader Per Stolt believes 11 times and NOK 1,000 per share.

There was also a hydrogen party HydrogenPro , which rose 12.26 percent, and Everfuel and In which rose 21.35 and 8.16 percent, respectively.

The decline continued for Norcod , which fell 13.31 percent. The stock has risen considerably recently, but the trend reversed on December 22.

This is happening today – Tuesday

Macro:

– Statistics Sweden: trade balance 9.30 November – Statistics Sweden: consumer loans 9.30 November
– US: Retail Redbook Weekly Data 14.55 – US: S&P CS House Prices Oct 15.00

Other:

– Oil: API, weekly oil inventory 22.30

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