Saturday , May 15 2021

A strong fall on the Oslo Stock Exchange



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This is the strongest case on the day after the conciliation of Brexit on June 27, 2016, when the Oslo Stock Exchange dropped by 3.23 percent, writes E24.

The main index in the last month has decreased by 6.6 percent. Since September 25, the fall of the upper indicator has been 11 percent. On Tuesday, shares and stock certificates were sold at NOK 6.36 billion.

When the Oslo Stock Exchange was closed, the North Sea Oil Barrel sold for $ 63.9 a thousand on the market. American light oil was sold for $ 54.3. Since the end of October it has fallen by $ 16.

– worse times

The Tuesday's decline was broad, but oil stocks were leaders in this case. Equinor dropped by 2 percent, Aker BP dropped by 6.6 percent, while Subsea 7 dropped by 7 percent.

Companies that work best on Tuesdays most traded, Telenor dropped 1.2% and Marine Harvest dropped 1.3%.

The main strategy of Sparebank1 Markets, Peter Hermanrud, believes that the stock exchange may fall further.

"There have been good times, and now the situation is deteriorating, then we often get more corrections, and then we often fall from 15 to 20 percent," says Hermanrud to Nettavisen.

US fall

In the lead exchanges in Frankfurt, Paris and London, it was slightly better, but also a significant drop. The DAX 30 in Frankfurt dropped by 1.6 percent, while FTSE 100 in London fell by 1.1 percent. CAC 40 returned to Paris by 1.4 percent.

Asian stock markets also fell on Tuesday. The same was the case for open exchanges on the US exchanges ranging from 1.5 to 2 percent.


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