Tuesday , June 22 2021

Strong fall on the stock exchange in Oslo

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This is the strongest case of one day after Brex's conciliation on June 27, 2016, when the Oslo Stock Market fell by 3.23 percent, writes E24.

The main index fell 6.6 percent in the last month. From the peak of 25 September, the drop is 11 percent. On Tuesday, shares and share certificates were traded for NOK 6,36 billion.

When the stock market closed in Oslo, a North Sea oil barrel was traded for $ 63.9 on the spot market. US light oil was sold for 54.3 barrels. It's a $ 16-dollar drop from the end of October.

– Worse times

The Tuesday strike was broad, but oil shares were drivers in the case. Equinor fell 2 percent, Aker BP declined by 6.6 percent, while Subsea 7 fell 7 percent.

Companies that found the best among Tuesday's most traded, Telenor fell 1.2 percent, and "Seafood" dropped 1.3 percent.

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

"There were good times for a while, and now things get worse, then we often get bigger corrections, then we often fall 15 to 20 percent," Hermannud says to Netavizen.

US drop

On the leading stock exchanges in Frankfurt, Paris and London it was a bit better, but there was a significant drop. DAX 30 in Frankfurt fell 1.6 percent, while FTSE 100 in London dropped 1.1 percent. CAC 40 in Paris returned by 1.4 percent.

Asian stock markets also fell on Tuesday. The same thing happened on the US stock exchanges fell between 1.5 and 2 percent at the opening.

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