Monday, June 17, 2024

Oslo Børs climbed upwards after the long weekend


The week’s first trading day after Whitsun weekend and National Day ended with an increase on the Oslo stock exchange. Hydro had its best day on the stock exchange since January. Photo: Javad Parsa / NTB

Of NTB | 21.05.2024 18:22:31

Economy and business: However, the price of oil has fallen. At closing time, a barrel of North Sea oil traded for 83.2 dollars, a decrease of 0.5 percent since midnight.

However, it was a good day for the aluminum and power giant Norsk Hydro, which had its best day on the stock exchange since January. Hydro ash rose by 6.4 per cent on Tuesday, the highest since 7 per cent in January. At the same time, the aluminum price is up almost five percent for the day and at the highest level in two years, writes E24.

The other most traded shares on Oslo Børs also ended the day with gains. Equinor rose by 2.34 per cent at closing time, Frontline climbed 2.2 per cent, Aker BP rose 0.2 per cent and the Kongsberg group rose 1.4 per cent.

However, the day ended with red numbers on the European stock exchanges. The French CAC 40 index fell by 0.67 percent, while the German DAX 30 index fell by 0.23 percent. London’s FTSE 100 ended the day flat, down a modest 0.09 percent.

(© NTB)


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