In pre-trade on trading platform IG Trading, Oslo Børs is down 0.54% just after 06:40 on Thursday.
Nordnet analyst Roger Berntsen expects Oslo Børs to open 0.3% down, or within range [-0,5 , -0,1] percent.
– On Wednesday, the third to last trading day of 2022, everything came crashing down on Wall Street. The Nasdaq index, which is expected to end the year down more than 30%, fell by 1.4%. The S&P 500 (-1.2%) and the Dow Jones index (-1.1%) also recorded sharp declines. The Dow Jones index, which has done relatively well this year (down just 9.5%), was weighed down yesterday by Apple stock (-3.1%), the world’s most valuable company. Apple is expected to be adversely affected by the infection situation in China in the near term, Berntsen writes.
JPMorgan (+0.6%) was the only one of the thirty companies in the Dow Jones index to rise yesterday. Nor did many Nasdaq 100 companies lose weight.
Asia
In Japan, the Nikkei 225 index fell significantly by 1.05%, while the broader Topix index fell by 0.86%.
In China, the Shanghai Composite fell 0.3%, while Hong Kong’s Hang Seng fell 0.93%. The Kopsi index in South Korea falls by 1.48%.
In India, the Senex index fell by 0.6%, while the S&P/ASX in Australia fell by 0.94%. Singapore’s Straits-Times fell 0.81%.
The price of oil
On Monday morning, the spot price falls to Brent-oil up 0.3 percent at a price of $83.4 a barrel. At the same time, the spot price is declining WTI extension-oil up 0.6 percent, and a barrel now costs $78.4.
By comparison, a barrel of North Sea oil traded at $82.2 at the close of the Oslo Stock Exchange on Wednesday.
Wall Street
Stock trading comes to a close for 2022. Here’s how Wall Street’s major indexes performed Wednesday:
Dow Jones it fell 1.07% to 33,884.40 points.
S&P 500 fell 1.21% to 3,783.00 points.
Nasdaq it fell 1.35% to 10,213.29 points.
VIX extension-index, also called the fear index, rose 2.63% to 22.22.
