Roger Berntsen in Nordnet believes Oslo Børs will open up 0.2 percent today, or within the range [-0,1, 0,5] percent.
Asia
In Japan falls Nikkei 1 percent, while the wider Topix– the index weakens by 0.7 per cent.
Japan’s GDP was up 0.7 percent in the first quarter on a quarterly basis, final figures show. On an annual basis, the increase was 2.7 per cent. The consensus from Trading Economics expected a final outcome of 0.5 per cent for the quarter and 1.9 per cent for the year.
In China goes Shanghai Composite back 0.1 percent, Hang Seng in Hong Kong is down 0.4 per cent, and Kospi in South Korea, it weakens by 0.4 per cent.
In India rising Sensex 0.1 per cent, the S&P/ASX 200 index i Australia is down 0.2 percent, and Straits Times in Singapore is down 0.2 percent.
India’s central bank is expected to make its interest rate decision today, and it is expected that the interest rate will be kept at 6.5 percent for the second time in a row. Australia’s trade balance fell more than expected to 11.2 billion Australian dollars in April.
This is how it went on Wall Street on Wednesday:
- Dow Jones rose 0.29 percent to 33,665.88 points
- Nasdaq fell 1.28 percent to 13,104.90 points
- S&P 500 fell 0.38 percent to 4,267.62 points
Read the full Wall Street commentary here.
Oil price
At closing time on Wednesday, Brent oil traded for 77.32 dollars per barrel. barrel, while on Thursday morning it is down 0.3 percent to 76.72 dollars per barrel. barrel. WTI oil is also trading lower on Thursday morning, and the price is 72.35 dollars per barrel. barrels, down 0.3 percent.
Stock figures from the US on Wednesday showed an unexpected move in crude oil stocks, while product stocks rose a good deal more than expected. Refinery utilization of 95.8 percent last week was the highest level since 2019, and may indicate expectations of high demand this summer, according to Bloomberg.
Oslo Stock Exchange
On Wednesday, the main index on the Oslo Stock Exchange rose 1.1 per cent before ending at 1,227.60 points. Equinor went up 2.6 percent to NOK 304.60 while Aker BP climbed 3.7 percent to NOK 262.40.
On Tuesday evening it became known that Nordic Nanovector has entered into an agreement to acquire Thor Medical, which produces alpha emitters for radiopharmaceuticals for the treatment of cancer. The shareholders in Nordic Nanovector will own 50 percent of the merged company. On Tuesday, the share climbed over 20 per cent and on Wednesday it rose a further 64.8 per cent to NOK 1.58.
On Wednesday’s investor day reported Kahoot that the company is preparing a secondary listing on Nasdaq during 2024. The management aims for an annual average growth in invoicing of more than 20 per cent in the period 2024-2026. The share rose 4.1 percent to NOK 28.
Wilh. Wilhelmsen has launched an offer for all remaining shares in Treasure, where Wilhelmsen already owns close to 78 per cent. The bid is NOK 20 per stock. Treasure– the share gained 9.8 percent and ended at NOK 20.10.
On Tuesday, the drone company Nordic Unmanned forward quarterly figures for the first quarter. Operating income came in at 2.2 million euros, down from 2.5 million euros the previous year, while the cash balance was 529,848 euros. The news sent the share down almost 19 percent, and on Wednesday it fell a further 8.2 percent to NOK 2.24.
2023-06-08 05:06:39
#affect #Oslo #Stock #Exchange
