Ny rekord på Oslo Børs

Oslo Børs set a new record with the main index ending the day at 0.94 percent, reaching a record high. The previous peak was 2,080.56 points on April 7. In the oil market, North Sea oil was trading at $87.47 per barrel, up from $86.60 per barrel at the Børsen closing bell on Thursday. The week has been positive for investors on Oslo Børs.

The main index had risen for six consecutive trading days by Thursday and was on the verge of new record levels. Several of the most traded shares hit record highs: Napatech saw a 17.8 percent increase after the technology company announced a follow-up order related to AI infrastructure, which is expected to have a positive financial effect in 2027.

Before the market opened, the training chain Sats reported an EBITDA of 318 million kroner, up from 274 million kroner in the same quarter last year. The board decided to pay a dividend of 0.72 kroner per share for the first half of 2026. The stock jumped 10.49 percent, setting a new record. According to Pareto Securities analyst Torbjørn Nerheim, the underlying EBITDA was three percent higher than analysts had expected and Sats demonstrated solid cost control in the quarter.

Nerheim, who has a buy recommendation with a price target of 50 kroner on Sats stock, expects to make fewer adjustments to estimates after the quarterly report. Privately invested funds through DNB have largely sold after the stock price rise. According to the bank's investment economist Camilla Vik, the number of transactions is 450 percent higher than the average of the last 90 days, with sales accounting for 95 percent of trading volume.

The broad-based stock rose 5.62 percent after the fourth quarter report, showing revenue of 12.3 billion kroner, up from 11.3 billion kroner in the fourth quarter last year. Operating profit increased to 628 million kroner from 498 million kroner in the period, while profit before tax rose to 670 million kroner from 538 million kroner.

Sea1 Offshores reported revenue of 80.1 million dollars in the second quarter, up from 71.3 million dollars in the same quarter last year. The company highlights solid demand for subsea equipment and limited availability. Sea1 Offshores stock ended down 1.67 percent. In a stock announcement Thursday evening, Hydro reported that alumina production at its Alunorte facility in Brazil has been brought back to full capacity after entering into an interim agreement with gas supplier Celba. Earlier in the week, Hydro had warned of reduced production due to disruptions in gas supply.