Oslo Stock Exchange on the rise

The first hour of trading on the Oslo Stock Exchange Tuesday morning, the main index grew by 0.75 percent to 371.56 points.

Stock Exchange driver Statoil, contributed to the rise with a growth of 0.81 percent. The fertilizer manufacturer Yara was up 0.76 percent and DnB NOR grew by 0.75 percent. Telenor’s shares rose by 1.76 percent in value, and Hydro rose even more, with 2.20 percent.

The upturn on the Oslo Stock Exchange came despite falling oil prices. A barrel of North Sea oil for delivery in May went on Tuesday morning for $80.20, down 35 cents.

Developments elsewhere in the world was different. The market in Japan declined, while there was a rise in Hong Kong. In Europe, there was little movement to track, with the exception of a slight rise in London.

Source: Aftenbladet.no

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