The main index ended down 0.76 percent to 845.7. Shares worth NOK 4.0 billion were traded. Heavyweights Telenor and DNB rose despite the decline on the Oslo Stock Exchange.
Oil
At closing times on the Oslo Stock Exchange, North Sea oil was traded at $ 43.10 per share. barrels, down 2.0 percent. A barrel of WTI oil cost $ 40.29, down 2.4 percent.
Nevertheless, the major gaps in the oil giants Aker BP did not materialize and Equinor on the Oslo Stock Exchange.
Norwegian
Norwegian fell after the airline has now agreed with bondholders to convert about 2.25 million euros in the outstanding convertible bond loan in euros to around six million new shares.
In addition, an analyst at SpareBank 1 Markets lowered the price target on Norwegian from NOK 1 to NOK 0.20.
ESG rocket
Spetalen company Hiddn Solutions topped the list of winners after the company entered into a share agreement with Arribatec and the majority of their A-shareholders to buy all the shares in Arribatec.
The ESG rocket Quantafuel climbed further after Arctic Securities took up coverage with a buy recommendation and a price target of NOK 125.
In the last month, the share has gained 112.6 percent.
Orkla has reached an agreement to purchase 67.8 percent of the shares in Eastern Condiments Private Limited. It sent the stock into green terrain on the Oslo Stock Exchange.
The agreement contains an agreement that Orkla will eventually be able to take over full ownership. Eastern is owned by the Meeran family (74 percent) and Cormick Ingredients (26 percent). Orkla buys 41.8 percent of Meeran’s stake, and McCormick’s entire stake.
5th Planet Games topped the loser list. Nevertheless, the share has gained 423.8 percent so far this year.
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