The results follow a decline on both Wall Street and the Asian stock markets.
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The main index on the Oslo Stock Exchange is up 0.26 percent on Friday morning.
Several Asian stock markets have fallen through the night, and several technology stocks were part of the decline. The three key indices on Wall Street also fell the night before.
At the same time, the oil price is up for the day, but still well below the top of 130 dollars from earlier in the week. One barrel of North Sea oil is traded at the time of writing for 111.73 dollars a barrel, up 2.43 percent since midnight.
Prior to the stock exchange opening, Hav Group delivered its figures for the fourth quarter. The share rises sharply from the start, and is up 10 percent at a price of NOK 18.7 in early trading.
On the other hand, the Autostore share falls 5.5 percent. The decline comes after the company announced late Thursday night that it plans to appeal a decision made by the International Trade Commission (ITC) regarding patent infringement.
Hexagon Purus also rises 16.19 percent at a price of 31 kroner. This is after Nordea Markets took up coverage of the share with a buy recommendation and a price target of NOK 39 per share, reports TDN Direkt.
Orkla, for its part, has announced that the company will wind up its operations in Russia, which has 367 employees and a turnover of NOK 184 million last year. The Orkla share is down 0.68 per cent just after the stock exchange opens.
The same morning, Yara announced that the company will stop purchasing from Russia. This applies to suppliers who can be linked to sanctions against Russian companies or individuals, the company writes in one stock exchange announcement. At the same time, Yara expresses “concern for global food security”, and urges the authorities to protect supply chains and reduce dependence on Russia. Yara shares fall 0.83 percent in early trading.
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