Alarm! We have a dead cross (comment by Thor Chr. Jensen) (Dagens Næringsliv)
The main Oslo Børs index fell another 1.4% after a short period last week when the stock market recorded an upward correction. It is tempting to characterize that rise as a so-called “dead cat bounce” – a short-term rally in a downtrend. For investors listening to the technical signals, a so-called death cross has obviously appeared. So the question is, is the death cross a leading indicator or a coincident indicator this time around? The seas
Tuesday towards a decline in Oslo Børs (Finansavisen)
Of the pre-shop on the IG trading platform, Oslo Børs is down 0.7%. 07:00 Tuesday. Brent crude fell 0.5% to $ 96.75 a barrel on Tuesday morning, while WTI crude fell 0.6% to $ 90.60 a barrel. By comparison, a barrel of North Sea oil traded Monday at $ 97.60 a barrel at the end of the Oslo stock exchange. A stronger dollar and concerns that weaker global growth could dampen oil demand are among the reasons for falling oil prices, writes TDN Direkt. The seas
Red opening on the Tokyo Stock Exchange (NTB)
The Tokyo stock exchange opened lower as the market prepares for further interest rate hikes in the US. The Nikkei Index fell 1.50% at the opening on Tuesday. The broader Topix index opened 1.09% lower on what was the first trading day of the week in Japan after the long weekend. The seas
The downward trend continued on Wall Street (Finansavisen)
In anticipation of the third quarter earnings season, Wall Street fell on the first trading day of the week. The seas
Wednesday slightly down on Oslo Børs (Today’s affairs)
Oslo Børs’ trading week started with a slight drop of 0.1% to 1,134.89 points on Monday. Oil prices, on the other hand, have risen. The price of oil has risen more than 16% in the past two weeks and North Sea oil is trading around $ 97 a barrel on Monday afternoon. The seas
Shareholder rebellion in Rec (Finansavisen)
Investment firm Lodbrok Capital rages against Rec Silicon’s largest shareholder, Hanwha Solutions, and believes there is a danger that the major owner will make moves that are hostile to shareholders. The seas
Flyr boss is silent on capital requirement this winter – verbally attacks Norwegian president (Today’s affairs)
Flyr CEO Tonje Wikstrøm Frislid gets “some interest” through meetings with investors, but he won’t say how much money is needed. A trick from the Norwegian president makes her look red. The seas
Trond Mohn suffered a heavy loss last year (Finansavisen)
Meteva, an investment firm wholly owned by investor Trond Mohn, fell sharply in the red last year. The seas
Buy a share that fell 90 percent in the previous stock market crash (Finansavisen)
Peter Hermanrud has been preparing for the stock market crash, but in recent days he has invested in a company that had previously fallen like a stone due to financial market turmoil. -I think it’s different now, he says. The seas
He was saved, raising the expectations in Zaptec (Finansavisen)
Pareto analyst Carl Jørgen Flaen has long seen something that others don’t see in Zaptec. He now raises his expectations for next year’s sales figures and concludes that the share is “really” interesting. The seas
Adjust your estimates after the TGS update (Finansavisen)
Seismic company TGS went public after the quarterly market update. An analyst adjusts the estimates downwards. The seas
Shelf Drilling wins $ 236 million worth of contract (E24)
Shelf Drilling has secured a five-year contract for the newly purchased Shelf Drilling Victory rig, according to a company statement. The contract concerns works in the Persian Gulf and is worth approximately $ 236 million, equivalent to NOK 2.5 billion. The contract also includes an option for an additional two years. The launch is scheduled for the end of March 2023. The seas
Board member uploads for nearly DKK 6 million. (Finansavisen)
The total share price of Ocean Sun was NOK 5.96 million. The seas
Huge returns for dividend funds (Finansavisen)
In one year, Fondsfinans Utbytte went from being a mini-put to nearly one billion assets under management. The fund has now received a top rating from Morningstar. The seas
The stock of fresh fish is priced at 110 million (Finansavisen)
The Fished trading platform has been operational since February. Now strong capital investors come into play. The seas
The price of gold falls heavily: – The dollar is much more expensive (E24)
The gold price has had a strong lead since March. The fault lies with a strong US currency. Storebrand’s head of allocation and global interest, Olav Chen, compares the merchandise to “vintage” Louis Vuitton bags. The seas
DNB Analyst: – Real estate values are likely to drop dramatically (Finansavisen)
Problems and forced sales are on the cards for many real estate companies, warns Simen Mortensen. However, he likes the actions of contractors and the owner of a shopping center. The seas
The founder of the oil service Ståle Kyllingstad has become an owner: – You don’t have to do so much alone (Today’s affairs)
He has now made his first profit in shipping and has been suspected of smuggling aviation fuel into Libya. The seas
