Flatt på Oslo Børs etter rekorden

Oslo Børs saw record fluctuations on Friday as the main index swung between weak gains and losses early in the trading day. The index reached a new record high on Thursday, driven by Kongsberg Gruppen. Oil prices, Brent spot, were above 112 dollars per barrel, a rise of about 1.1 percent since midnight. Wall Street ended in the red on Thursday, weighed down by tech stocks due to AI fears.

Intel dropped over 20 percent after releasing its quarterly results. Asian markets continued the decline in the morning hours. Key figures from Kongsberg Maritime's third quarter aligned with market expectations, but unusual events affected revenue and net profit. The company's deliveries to new customers increased by 16 percent while sales to the market fell by 5 percent.

Arctic Securities analyst Lukas Daul described the report as "relatively neutral with a tailwind in new business and a headwind in the after-market." Danske Bank analyst Tomas Helgø pointed out the negative side, noting that fourth-quarter order reserves are lower than the previous year. He expected a stock price drop. Order intake totaled 8.32 billion kroner in the third quarter, with the order reserve now at a record high of 29.75 billion kroner, half of which is for 2027.

Fornybar company Scatec doubled its target for annual equity investments to two billion kroner for the period 2027–203. The company will finance growth through revenues and asset sales. Remaining build contracts have increased by 6.7 billion kroner to 10.5 billion kroner since the last report. Scatec previously issued a stock warning, cutting its profit forecast for power generation by 300 million kroner to 3.3–3.6 billion kroner.

Analyst Lars A. Christensen of Fearnley Securities expects a 80 million kroner windfall in the Philippines due to a suspension in the market for services that help stabilize the power grid, a recent revelation from Scatec. The company also expects a limited long-term effect, according to Christensen. "We view this as a solid report following the warning from last week," Christensen wrote.