International Courant
The article continues under the advert
The principle index on the Oslo inventory trade rose 0.64 % from simply over three hours after opening on Wednesday, following an increase of 0.3 % on Tuesday. The value of oil (burnt spot) is at USD 79.4 per barrel on the opening of the trade, up from USD 78.4 on the shut of buying and selling on Tuesday.
Curiosity social gathering in DNB
The outcomes storm in Oslo Børs continues. This morning DNB offered its second quarter figures and was capable of present a turnover of NOK 20.2 billion in comparison with NOK 16.4 billion in the identical interval final 12 months.
It surpassed analysts’ estimates by NOK 700 million. As well as, the banking group had a pre-tax revenue of NOK 12.3 billion, in comparison with NOK 10.2 billion in the identical interval final 12 months. The sturdy enchancment within the result’s attributed to the truth that the financial institution’s lending charge has grown according to the coverage charge, whereas on the identical time the deposit charge has risen extra slowly.
– We’re rising in each the non-public and enterprise markets and are happy that many new clients select us, says Kjerstin Braathen, CEO of DNB.
The inventory is down 1.52 % after just a few hours of buying and selling.
The article continues under the advertDisappointing from Kongsberg
The stage was additionally set for the presentation of the outcomes of the Norwegian industrial conglomerate Kongsberggruppen on Wednesday morning. The corporate elevated its working revenue by NOK 1.8 billion in comparison with the identical interval final 12 months.
The corporate had an working revenue earlier than depreciation and amortization of NOK 1.38 billion and a revenue earlier than tax of NOK 984 million.
– We had one other sturdy quarter with working earnings of NOK 9.6 billion and working revenue of NOK 1 billion. The order e book has elevated to NOK 68.1 billion and we see important alternatives that give us confidence that the order e book will develop, says CEO Geir Håøy.
The corporate’s working margin was barely decrease than the brokers had anticipated, and the inventory fell 2.34 % just a few hours after the beginning.
Kongsberg noticed sturdy demand for its protection merchandise after the outbreak of warfare in Ukraine and the corporate’s protection arm elevated working earnings by 29 %.
On Thursday, oil firm Aker BP, retail chain Europris and photo voltaic cell provider Otovo will current their quarterly figures. (Circumstances)Copyright Dagens Næringsliv AS and/or our suppliers. We wish you to share our instances via hyperlinks that lead on to our pages. Copying or different use of any a part of the content material could solely happen with written permission or as permitted by legislation. For additional circumstances see right here.
Oslo Inventory Change Rises | DN
World Information,Subsequent Massive Factor in Public Knowledg
#Oslo #Inventory #Change #Rises
