The Oslo Stock Exchange is still down on Thursday morning, after opening the day in red. The main index is now down 0.88 percent and stands at 834.3. To date, shares worth NOK 1.15 billion have been traded.
Tung keepers Telenor, Wound and DNB are all down 1.59 percent, 0.29 percent and 2.04 percent, respectively.
Oil
At lunchtime on Thursday, Brent oil is down 1.44 percent to $ 43.10 per barrel. barrels, while WTI oil is down 1.66 percent to $ 40.61 a barrel.
On Wednesday night, Brent oil was traded at 43.81 dollars per barrel, while WTI oil was traded at 41.33 dollars per barrel.
Crude oil inventories in the US fell by 6.8 million barrels last week to 531 million barrels, data from the American Petroleum Institute (API) shows on Tuesday night. In advance, analysts expected an increase of 357,000 barrels, according to Reuters.
Equinor and Aker BP are down 1.12 percent and 1.25 percent, respectively.
Party in Biotech
Nordic Nanovector jumped 11.5 percent on Thursday morning after the company announced that they have received patent protection that covers the use of the cancer drug Alpha37 for the treatment of chronic lymphocytic leukemia (CLL) and Non-Hodgkin’s lymphoma (NHL). The rise has slowed somewhat, but at the time of writing the share is still up 6.35 percent.
BeGenBio continues the morning rise, and at the time of writing is up 8.27 percent, after the share fell 18.8 percent on Wednesday. The decline came after the UK announced that it had decided to end funding for a clinical trial of Covid-19-ACCORD. In this study, BerGenBio’s bemcentinib was a leading drug candidate.
Interoil Exploration and Production is the company that has risen the most at lunchtime, with an increase of 11.52 percent to 2.13 kroner per. share.
DNO drawers
BOTTOM fell at the opening of the stock exchange after delivering an operating result that was weaker than analysts expected. The fall has increased at lunchtime and the share is down 1.62 percent to 5.72 kroner per. share.
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