Svak oppgang på Oslo Børs

Oslo Børs opened with a weak performance despite a drop in oil prices over the past week. Brent spot crude oil fell from over 98 dollars to 91 dollars, a decline of 3.5 percent since the market closed on Monday. Despite the significant decline in oil prices, several major listed companies in Oslo Børs saw a rise. This was observed after US President Donald Trump stated that new attacks on Iran were "very unlikely" in the coming week.

At the same time, U.S. Secretary of State Marco Rubio toned down the chances of a rapid progress in negotiations and called Tehran's demands unacceptable and in some cases "scandalous and ridiculous." Lerøy Seafood, a company, presented figures for the third quarter on Tuesday morning, stating that revenue was expected to reach 9.2 billion kroner and operating profit at 424 million kroner.

The improvement in results reflected good biological development and lower costs in Fishing, as well as a strong quarter in Market Operations, according to the group's chief, Henning Beltestad. DNB upgraded its earnings targets for 2029, increasing the target for bank shareholders' equity from over 14 to over 15 percent. Costs are expected to account for less than 38 percent of income, as opposed to the current goal of less than 40 percent.

DNB aims to achieve these new targets before the end of 2028. The existing targets continue to apply for the fiscal years 2027 and 2028. A downsizing in Technology & Services will result in restructuring costs of about 225 million kroner, which will be accounted for in the fourth quarter of 2026. Meanwhile, technology and artificial intelligence are changing the way services are delivered, and the bank aims to build an even better bank for its customers, says group CEO Kjerstin Braathen.