The Oslo Stock Exchange started the week with a fall

New rules requiring reporting of short sales, Distrust of Trump Oslo Stock Exchange Oslo BørsOslo Børs (Stock Exchange). Photo: Stein Henningsen

Developments on the Oslo Stock Exchange were fairly neutral most of Monday, but turned around for the worse, before closing time. The main index closed 0.43 percent down to 859.26 points.

It was the classifieds company Adevinta that was Monday’s most traded company. When trading closed on Monday afternoon, the share had risen 1.3 percent in value.

The Schibsted company was the only one of the five largest on the main index to make a profit. Equinor (-0.8 percent), DNB (-2.4), Telenor (-1.9) and Yara (-0.5) all finished with red numbers.

The airline Norwegian, for its part, topped the list of winners, after ending last week with a sharp fall in prices, and was up 8.2 percent when the stock exchange closed.

North Sea oil went for around 46 dollars a barrel on the spot market on Monday afternoon, marginally above the previous closing price.

The major stock markets in Europe also fell on Monday. The FTSE 100 in London was down 0.6 percent, the CAC 40 in Paris was down 1.1 percent, while the DAX 30 in Frankfurt was down 0.7 percent.

© NTB Scanpix / #Norway Today


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