At the close of trading, the main index was 1,154.8 points.
Falling prices among almost all of the 20 most valuable companies on the Oslo Stock Exchange contributed to the decline. Equinor shares fell sharply at the end of the day and ended with a decline of 3.7 percent.
Hydro had the largest drop among the large ones, with a decrease of 4.5 per cent. Telenor (-0.9) also falls, while DNB (0.2) recovered at the end of the day.
Gas prices continue to rise, which affected Yara, among other things. The stock fell 3.5 percent.
Stock markets also fell in the rest of Europe on Wednesday. The Dax index in Frankfurt fell 1.3 percent, the CAC index in Paris fell 0.9 percent, while the FTSE index in London was down 1.2 percent.
Also in the US, the arrows pointed downwards at the opening on Wednesday after a small rise on Tuesday. The Dow Jones was down just under 1 percent, while the technology-heavy Nasdaq index was currently only down 0.24 percent.
At 5pm, a barrel of North Sea oil cost $ 81.02.
Nordea’s chief strategist Erik Bruce thinks it’s the same thing that is plaguing the markets now, as in recent days.
“It is feared that high energy prices will lead to high inflation so that people’s purchasing power will be weakened, and that it will eventually hit growth,” Bruce said. E24.
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