Oslo Børs Rises, Oil Costs Fall: Equinor and Aker Options Replace

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Oslo Børs rises from the beginning on Wednesday. After half an hour of buying and selling, the principle index is at 1,427, up 0.2 %.

Oil costs fell on Wednesday. North Sea oil for September supply is now buying and selling at $83.50 a barrel, down 0.3 %. In distinction, Brent contracts stood at USD 83.64 per barrel when the inventory trade closed on Tuesday.

The American WTI oil for supply in August traded for 80.55 {dollars} per barrel, down 0.3 %.

Equinor rising 0.9 % to NOK 290.6, whereas Anchor BP fell 1.5 % to NOK 258.1.

IN THE trailers within the second season and delivered an even bigger loss than anticipated. The corporate can nonetheless confer with a stronger order consumption than in the identical interval final yr. DNB Markets maintains its promote suggestion, however adjustments the value goal barely from NOK 3.39 to NOK 3.50. The full share fell 6.7 % to NOK 6.3.

Within the second quarter experiences An anchor about fairness worth added (NAV) of NOK 63.9 billion, a rise of NOK 3.5 billion from the primary quarter of this yr. The share rose 0.9 % to NOK 645.

ALL RIGHT delivered within the second quarter an working revenue of NOK 2,584 million, up from NOK 1,707 million within the second quarter of 2023. The oil firm flip from minus to plus within the quarter, and delivered a revenue after tax of NOK 87 million, up from minus NOK 49 million within the first quarter of 2024. The share fell 6.2 % to NOK 23.9.

Borregaard it didn’t meet analysts’ expectations together with his figures for the second quarter. The share fell 2.8 % to NOK 184.6.

American funding financial institution JP Morgan maintains its maintain suggestion Aker Optionshowever will increase the value goal from NOK 50 to NOK 56. The share continues the rise and rises 2.3 % to NOK 52.5.

DNB Markets adjustments its value goal to Citron from NOK 37 to NOK 42 from NOK 37 and reiterates the purchase suggestion on the share. The share rose 1.5 % to NOK 37.7.