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NOK731.2 0.0  0.0%

Last Trade - 07/05/21

Consumer Defensives
Large Cap
Market Cap £3.53bn
Enterprise Value £3.80bn
Revenue £529.9m
Position in Universe 163rd / 1832

NORWEGIAN STOCKS-Hydro down as Brazil conflict simmers, Norwegian Air boosted by traffic

Fri 6th April, 2018 3:13pm
OSLO, April 6 (Reuters) - 
    ** Norwegian shares traded down on Friday but recover
somewhat from day's low
    ** Trade war tension increases. U.S. president Donald Trump
threatens additional $100 billion in tariffs on Chinese goods
while China says it will fight back "resolutely"  urn:newsml:reuters.com:*:nL4N1RJ1A5
    ** Oslo's benchmark index  .OSEBX  fell 0.42 percent, or
3.41 points, to 813.75 points and was up by 0.33 percent
    ** The broader Oslo All Share Index  .OSEAX  was down 0.23
    ** Brent crude futures  LCOc1 , a trigger for the oil heavy
Oslo Bourse, rose $0.04 to $68.37 a barrel GMT O/R 
    ** Among the biggest firms on the Oslo Bourse, Statoil
 STL.OL  rose 0.18 percent, Telenor  TEL.OL  rose 0.11 percent
and DNB  DNB.OL  fell 0.56 percent
    ** Turnover at the Oslo Bourse was 3.1 billion Norwegian
crowns and most traded shares were Statoil STL.OL , Norsk
Hydro NHY.OL  and Marine Harvest MHG.OL 
    ** Aluminium maker Norsk Hydro Hydro's Brazil unit sues
local prosecutors over spill analysis  urn:newsml:reuters.com:*:nL2N1RJ070
    ** Shares of Norsk Hydro ASA  NHY.OL  NHY.OL  were down 3.2
pct to NOK 45.65 
    ** Salmon shares Marine Harvest  MHG.OL , Grieg  GSFO.OL 
Norway Royal Salmon  NRSM.OL  Leroey  LSG.OL , Bakkafrost
 BAKKA.OL , Austevoll  AUSS.OL  and Salmones  SALMON.OL  rose in
the range 1-4 percent
    ** Broker Pareto Securities lifted 2018 salmon price
estimate to NOK 58 per kilo from NOK 56 and target prices on
salmon companies  urn:newsml:reuters.com:*:nL5N1RJ2MS [ urn:newsml:reuters.com:*:nL5N1RJ2H4
    ** Yesterday broker DNB Markets lifted 2018 salmon price
estimate to NOK 59 per kilo
    ** Next week salmon prices are expected to ease from
year-high level of about 75 crowns in current week  urn:newsml:reuters.com:*:nL5N1RJ2W3
    ** Norwegian Air NWC.OL  shares rose 2.7 pct after stronger
than expected March traffic figures  urn:newsml:reuters.com:*:nL5N1RJ14U
    ** Biggest gainers: Nordic Nanovector  NANOV.OL  31.71
percent (DNB Markets raised share price target to NOK 110 per
share from NOK 80, Hegnar.no reported), DNO  DNO.OL  5.23
percent and Grieg Seafood  GSFO.OL  4.42 percent
     ** Biggest losers: Orkla ASA  ORK.OL  -5.08 percent and 
Asetek A/S  ASETEK.OL  -4.35 percent
    ** Orkla  ORK.OL : DNB Markets cut recommendation to sell
from hold
    ** Abroad European shares  .FTEU3  fell -0.30 percent,
Japan's main share index Nikkei  .N225  ended down -0.36
percent, while in China Shanghai index  .SSEC  was down -0.15
percent and Dow Jones index  .DJI  in the United States  -0.66
percent on Friday

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