On Friday, the main index on Oslo Børs rose 0.2 per cent before ending at 1,306.61 points. This means that Oslo Børs climbed almost ten percent during 2023.
At the close of trading, a barrel of North Sea oil traded for USD 77.68, down 0.9 per cent. Equinor fell 0.4 percent to NOK 322.15, while Aker BP fell 0.5 percent to NOK 295.50.
OKEA has completed the purchase of holdings from Equinor in the Statfjord area, and at the same time warns that the company will take a write-down in the order of NOK 1.1 – 1.6 billion in the accounts for the fourth quarter of 2023. The share plunged 12.2 percent to 26.60 NOK.
On Wednesday evening, it became known that Kristian Siem bought shares for NOK 12 million in Electromagnetic Geoservices, and now has an ownership stake of 33 per cent. If he goes over a third, the entire company is obliged to make an offer. On Thursday, the EMGS share rose over 31 per cent, while it fell 3.0 per cent to NOK 2.55 on Friday.
Manager Atle Hauge in the Odin Norge fund has no doubt that DOF is the stock to bet on in 2024. Although DOF recently restructured its balance sheet, the company still has high debt, but Hauge expects that the debt will fall quickly in line with good earnings going forward .
– DOF is the worst share case on Oslo Børs in 2024, says Hauge. On Friday, the share rose 5.4 per cent before ending at NOK 56.90.
Alternus Energy has, via its subsidiary, completed the sale of 11 solar parks in Italy for a gross value of around 17.7 million euros, equivalent to almost NOK 200 million. The share climbed 0.5 percent to NOK 11.25.
Cyviz has secured the first orders for Aker BP’s new Integrated Operations Centre, to be built in the new Valhall building in Stavanger, as well as for the Hugin A offshore platform. The value of the first orders should be NOK 180-200 million. The Cyviz share rose 1.3 percent to NOK 38.40.
Investtech describes SoftOx Solutions as one of the riskiest shares on the Oslo Stock Exchange, and warns against investing in the share in 2024. On Friday, the share nevertheless rose 11.5 percent to NOK 2.90.
2023-12-29 15:29:46
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