Nedgang på Oslo Børs

Oslo Børs opened at its highest level on Tuesday, but dipped slightly on Wednesday. Aker-aksjen surged by eight percent shortly after the opening bell, following the announcement that Nscale, a subsidiary of Aker, had secured a massive contract worth $45 billion. Among the most traded stocks the minute the market opened were oil prices, which had been above $90 a barrel the previous week but have since fallen.

Gas prices remain affected by limited supplies in Europe and disruptions to deliveries through the Hormuz Strait. The Dutch gas price TTF was up at 69 euros per megawatt-hour earlier this week, and is expected to fall to 65 euros on Thursday. Last year, the price was 33 euros. Grieg Seafood reported its first-half figures after skipping quarterly reporting.

"The first half of 2026 tested Grieg Seafood," wrote CFO Nina Willumsen Grieg in the quarterly report. "Tougher market conditions than expected, combined with biological challenges and a restructuring company, resulted in financial performance that is not satisfactory," she wrote. Key figures for the first half of 2026 (compared to the same period last year) showed that Pareto Securities does not anticipate any new underwriters for Grieg Seafood, and expects analysts to adjust downward expectations for the company's operating profit for 2026 by nearly a quarter.

Oslo Stock Exchange has a neutral recommendation and a price target of 30 kroner for Grieg Seafood. Its stock is down 3.4 percent shortly after opening. Shipping company Måsøval delivered a record volume of fish in the second quarter of 2026, reporting 9,350 tonnes, up from 8,538 tonnes in the same quarter last year. Increased volumes in the sea, higher quality fish, and continued operational progress underpin further profitable growth, says CFO Anders Hagestande in Måsøval's quarterly report.

Tankrederiet CMB.Tech significantly boosted its earnings and results in the second quarter. The company has a backlog of $3.26 billion and plans to pay out 0.64 dollars per share to shareholders. The company, based in Antwerp, has a fleet of around 250 vessels, including dry bulk, oil tankers, chemical tankers, container ships, and offshore support vessels.

It is listed in both Oslo and Brussels. Torskeoppdretter Norcod delivered lower volumes and revenue in the second quarter of 2026. Operating income ended at 56.9 million kroner, down from 91.3 million kroner in the same quarter last year. The loss for the quarter was 20.1 million kroner, compared to minus 46.8 million kroner in the second quarter of the previous year.

Year-to-date, the company reports a loss of 32.5 million kroner. Norcod has stated that its production cost per kilogram of fish has improved by 4.3 kroner compared to last year.