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Kid-aksjen hopper etter tallslipp

Oslo Børs faller fra start torsdag.

Kid-aksjen hopper etter tallslipp

Oslo Børs saw a slight dip in its main index shortly after opening, as oil and gas prices rose. This pushed oil stocks higher, but a dip for several other heavyweight stocks tempered the gains in Oslo Børs. In the oil market, nordic crude oil (spot) traded at $103.3 per barrel, up from $101.7 at the bell on Wednesday. Gas prices on Europe's (TTF) market have rebounded above 80 euros per megawatt-hour on Thursday.

The price peaked at 84 euros mid-September but has since fallen to around 70 euros by the end of the same month. Bloomberg notes that the oil price jumped after the Houthi militia attacked two airports in Saudi Arabia, reports from The Atlantic on the US considering new strikes on Iran, and a series of attacks on tankers in the Persian Gulf.

Several companies have released updated third-quarter results. Interior chain posted revenues of 1.01 billion kroner in the third quarter, a 15% rise from 879 million kroner in the same quarter last year. In the Kid segment, sales grew by 14.3% to 656 million kroner, while Hemtex saw a 17% increase to 362 million Swedish kroner.

Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at e24.no →

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