Norwegian Stocks: Questerre drops almost 50 pct on possible Quebec ban

Questerre Energy (Canada)

07/06/2018 12:28

OSLO, June 7 (Reuters) - 
 * Norwegian shares traded up on Thursday 
 * Oslo's benchmark index  .OSEBX  rose 0.98 pct, or 8.63
points, to 891.61 points and was up by 8.42 pct year-to-date
 * The broader Oslo All Share Index  .OSEAX  was up 0.98 percent
 * Brent crude futures  LCOc1 , a trigger for the oil heavy Oslo
Bourse, rose $1.17 to $76.53 a barrel  O/R 
 
 * Oil rises as reality dawns over Venezuela's export crisis
 urn:newsml:reuters.com:*:nL3N1T91VX
 
 * Among the biggest firms on the Oslo Bourse, Equinor  EQNR.OL 
rose 1.03 pct, Telenor  TEL.OL  rose 1.21 pct and DNB  DNB.OL 
rose 2.03 pct
 * Turnover at the Oslo Bourse was 2.6 billion Norwegian crowns
and most traded shares were Yara YAR.OL , Equinor EQNR.OL  and
DNB  DNB.OL 
 * Shares of Yara International ASA  YAR.OL  were up 3.27 pct
 * Yara International raises prices on fertiliser CAN
 urn:newsml:reuters.com:*:nL5N1T92S0
 
 * Shares of gas firm Qnuesterre Energy Corp  YAR.OL  QEC.TO 
were down 46.10 pct to NOK 4.18 
 * Questerre Energy Corp says Quebec's proposed fracking
regulation could ban natural gas extraction  urn:newsml:reuters.com:*:nFWN1T900H
  * Biggest gainers: P/F Bakkafrost 4.20 pct, Petroleum Geo
Services ASA 3.62 pct 
 
 * Bakkafrost: Nordea raises recommendation to buy from hold,
share price target to NOK 480 per share from NOK 450 
 * Biggest losers: Questerre Energy Corp  QEC.OL  -46.10 pct,
Next Biometrics Group ASA  NEXT.OL  -5.70 pct and XXL ASA
 XXLA.OL  -3.33 pct
 * Abroad European shares  .FTEU3  rose 0.12 pct, Japan's main
share index Nikkei  .N225  ended up 0.87 pct, while in China
Shanghai index  .SSEC  was down -0.20 pct and Dow Jones index
 .DJI  in the United States 1.40 pct on Wednesday

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