Norwegian Stocks: All-time high on strong oil and salmon stocks

PCI Biotech Holding ASA

27/08/2018 10:45

OSLO, Aug 27 (Reuters) - 
 * Norwegian shares traded up on Monday 
 * Oslo's benchmark index  .OSEBX  rose 0.44 pct, or 3.96
points, to all time high of 911.36 points and was up by 11.41
pct year-to-date
 * The broader Oslo All Share Index  .OSEAX  was up 0.55 percent
 
 * World stock markets rose to their highest level in more than
two weeks on Monday   urn:newsml:reuters.com:*:nL8N1VI1GY 
 
 * Brent crude futures  LCOc1 , a trigger for the oil heavy Oslo
Bourse, fell $0.25 to $75.57 a barrel  O/R 
 * Among the biggest firms on the Oslo Bourse, Equinor  EQNR.OL 
rose 0.98 pct, Telenor  TEL.OL  fell -0.22 pct and DNB  DNB.OL 
rose 0.67 pct
 * Turnover at the Oslo Bourse was 915 million Norwegian crowns
and most traded shares were Equinor EQNR.OL , Marine
Harvest MHG.OL  and PGS PGS.OL 
 * Shares of Norwegian Air Shuttle ASA  NWC.OL  were up 1.27 pct
to NOK 270.7
 * Norwegian Air Shuttle ASA: The budget carrier sold six Boeing
737-800 aircraft as part of its ongoing fleet renewal program,
and will use the proceeds to repay debt and boost liquidity in
line with its long term strategy  urn:newsml:reuters.com:*:nFWN1VF0RD
  * Oil firms Lundin Petroleum LUPE.ST , Aker BP AKERBP.OL  and
Equinor EQNR.OL  were up 1-4 pct
 
 * All three are partners in the giant oil field Johan Sverdrup
in the North Sea, in which operator Equinor on Monday raised
reserves and cut investment forecast  urn:newsml:reuters.com:*:nL8N1VI0I4
 * Lundin, which was the biggest gainer of the three oil firms,
also announced almost five times more volumes at its Rolvsnes
oil discovery urn:newsml:reuters.com:*:nL8N1VI0UI 
 
 * Salmon shares Salmar SALM.OL , Marine Harvest MHG.OL  and
Bakkafrost BAKKA.OL  rose 1 to 2 pct: Price recovery is expected
for salmon spot prices this week  urn:newsml:reuters.com:*:nL8N1VF32M
 
 * Biggest gainers: Photocure PHO.OL  6.20 pct, Questerre Energy
Corp QEC.OL  QEC.TO  5.66 pct and Targovax TRVX.OL  3.05 pct
 * Biggest losers: PCI Biotech Holding ASA  PCIB.OL  -8.93 pct,
Kongsberg Gruppen ASA  KOG.OL  -4.53 pct and Thin Film
Electronics ASA  THIN.OL  -3.39 pct
 * Abroad European shares  .FTEU3  rose 0.27 pct, Japan's main
share index Nikkei  .N225  ended up 0.88 pct, while in China
Shanghai index  .SSEC  was up 1.89 pct and Dow Jones index
 .DJI  in the United States 0.52 pct on Friday

 (Reporting by Ole Petter Skonnord, editing by Terje Solsvik)
 ((olepetter.skonnord@thomsonreuters.com; 0047 23 31 65 97;))