Oslo stock exchange opens down on Friday
NTB/The Local - [email protected]
Published: 12 Jul, 2013 CET.
Updated: Fri 12 Jul 2013 11:06 CET
The Oslo stock exchange opened on Friday in the red for the first time this week with the benchmark index down 0.3 percent in early trading.
The Oslo Børs Benchmark Index (OSEBX) fell 0.3 percent to 491.92 points with Norwegian bank DNB among those joining the slide. DNB CEO Rune Bjerke on Thursday announced that the firm had recorded a surplus of 5.18 billion kroner ($775 million) for the second quarter. The news was greeted negatively by the stock market with the DNB's share price tumbling 0.8 percent and the decline continued Friday. After a half hour of trading, DNB's share price had dropped a further one percent.
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The Oslo Børs Benchmark Index (OSEBX) fell 0.3 percent to 491.92 points with Norwegian bank DNB among those joining the slide.
DNB CEO Rune Bjerke on Thursday announced that the firm had recorded a surplus of 5.18 billion kroner ($775 million) for the second quarter. The news was greeted negatively by the stock market with the DNB's share price tumbling 0.8 percent and the decline continued Friday. After a half hour of trading, DNB's share price had dropped a further one percent.
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