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Oslo Stock Exchange Update: Equinor and Hexagon Composites Rise, BP Soars 249% Amid Market Fluctuations

On Wednesday, the arrow points down on the Oslo Stock Exchange. At lunchtime, the main index is at 1,389.12 points, up 1.1 percent. A barrel of North Sea oil is selling for 76.81 dollars, down 0.4 percent. Equinor changed so far +1.1% compared to yesterday Anchor BP changed so far +249.90% compared to yesterday.

Hexagon Composites rising 6.2 percent to NOK 31.7 after several new inspections. ABG Sundal Collier reiterates its buy recommendation and raises its price target from NOK 28 to NOK 37, while Carnegie raises its price target from NOK 36 to NOK 56.

“Hexagon hasn’t said much about product usage yet, but we expect more information on this in the second quarter report, with debt repayment and potential growth opportunities.” the Agility as possible options, in our opinion,” ABGSundal Collier writes in his report, according to TDN Direct.

Autoliners high fell 2.3 percent to NOK 109.1 according to a recent analysis from DNB Markets. The price target on the share has been cut from NOK 161 to NOK 153, while the broker maintains the buy recommendation on the share.

Photograph climbed 2.0 percent to NOK 51.10 after the company’s quarterly presentation. In the second quarter of the year, the company had a pre-tax profit of NOK 16 million, up from NOK 12 million in the same period last year.

Carnegie Graduates Drill Bit from a hold recommendation to a buy recommendation, while the price target is increased from NOK 64 to NOK 73.

“Although we see a risk of future rig demand from OPEC, in our main position we accept a healthy balance between supply and demand for oil and a long-term investment cycle,” the house break writing. Borr Drilling rises 2.6 percent to NOK 64.50.

SEB chooses to recommend repeat purchases Euro priceand raising the price target from NOK 90 to NOK 94. The share rose 3.4 percent to NOK 65.75.

Vikings of the Atlantic carried 176,934 passengers in July, an increase of 17 percent from last July, and the cabin factor fell two percentage points to 83 percent. Viking celebrates both the summer Olympics in Paris and global IT problems caused by an update at the cybersecurity provider CrowdStrike as reasons for the decline. The share fell 2.8 percent to NOK 2.93.

2024-08-07 09:55:10
#Shipping #shares #fall #analysis #DNB #Markets

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