Technology stocks fell 19 percent

Technology stocks fell 19 percent

Equinor decreased by 0.5 percent while Aker BP decreases 0.15 percent.

Arrows are green

amazing Reached an important milestone in the biochar project and renewable energy system in the United States, which has an estimated contract value of $27 million, with all necessary permits obtained and the project entering the procurement and construction phase. Vow will deliver the equipment in the last quarter of this year and the first quarter of next year. The share rose 6.3 percent.

DNB – The Board of Directors decided to start a buy-back program of up to 1.5 percent of the share capital. The buyback will correspond to up to 23.1 million shares, which will be proposed for deletion at the company’s regular general meeting in 2024. The stock rose 0.75 percent.

HAV group signed a NOK 200 million contract to design and equip a methanol-powered service vessel (SOV) for ESVAGT. The share rose 3.8 percent.

Arrows in red

Norwegian Exchange Issued an unsecured convertible loan of NOK 9.25 million to new and existing investors. The loan term is one year, at a conversion rate of NOK 0.60 at an interest of 8 percent. The loan will finance operations and cover insurance for the NBX Visa credit cards while they are rolled out to a wider audience. NBX stock fell 25 percent after issuing convertible loans totaling NOK 33 million

Mortgage company Empty It was subjected to a massive cyber attack directly affecting many of the company’s computer systems. The attack was discovered Sunday morning and the company is still working to determine how the attack might affect the stability of services for its customers. Tumra’s share fell 3.2 percent.

See also  Big bets on data centers in Norway

In an announcement to the stock exchange on Sunday evening, it was reported that ground frost Profitable pace in the second quarter of the year. Operating profit is estimated at around DKK 353 million. This is mainly due to lower slaughter volumes in the Faroe Islands and lower average weight of salmon slaughtered. The share fell 13.2 percent.

Hoegh Autoliners It has exercised the option to build four additional multi-fuel, net-zero carbon vessels in the Aurora class. The share is as low as 5.3 percent.

DNO Its total production is 65 barrels of oil equivalent per day from the company’s operations in Iraqi Kurdistan in the second quarter of 2023, compared to 107,178 barrels of oil equivalent per day in the same period last year and 94,720 barrels per day in the previous quarter. The share fell 0.5 percent.

Hanisi Anenih

Hanisi Anenih

"Web specialist. Lifelong zombie maven. Coffee ninja. Hipster-friendly analyst."

Leave a Reply

Your email address will not be published. Required fields are marked *