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Friday started with a clear increase of Oslo Børs. An extremely strong the small things blog oil prices and optimism on Wall Street contributed to it. The price of North Sea oil was around $ 108 during the day, with a dollar price of 5 million, it flows into the Norwegian oil services companies.
It looked the small things blog to be another great week on the Oslo Stock Exchange. Until the world's largest listed company came on, American General Electric. Just after lunch delivered General Electric's first quarterly report. The company did not meet the expectations of a profit from continuing operations of $ 4.4 billion in the first quarter. This corresponds to 44 cents per share, down from 48 cents per share in the first quarter last year. Revenue rose 8 percent to $ 42.2 billion.
Down in the US Analysts had expected earnings per share of 51 cents. General Electric figures meant that Wall Street recorded minus right after opening. At the conclusion of the Oslo Stock Exchange Friday was the broad S & P 500 index down 1.2 percent, while the technology heavy Nasdaq Composite the small things blog was down 1.4 percent.
Fart in oil Two Canadian oil companies dominate the winners once a week summarized. Best of all was Questerre which rose 104.1 percent over the past week. Friday the stock rose 9.42 percent. During the week, the management of the company faced investors and analysts, both in Norway and in London. This has made the market has become more familiar with the company. Last week was Questerre also an obvious winner and so far in April, the share price has risen unfathomable 360 percent. At the beginning of the month reported oil company that partner the small things blog Forest Oil Corporation has made a significant discovery in the Yamaska licenses.
The Canadian company Trans Euro Energy rose following a rise of over 45 percent this week. They also come with updates related to the findings of Ukraine who have had the market to look at the stock. Friday the stock rose 0.77 percent to 1.31 million. They now use the interest in the shares to raise $ 4 million in fresh capital.
In addition to Questerre was good momentum the small things blog in oil mosquito CanArgo entire 48.65 per cent to 1.65 million. Earlier this stock gained tremendous lot of beating by repeated disappointing news. When glimpsed a bunch daghandlere gold oil mosquito, which contributed to the increase.
Storebrand down the losing side, it is particularly Storebrand that excels. The stock fell 5.80 percent to the entire 40.60 million unless it was someone who could come up with a good explanation of exactly why. Neonet was the largest net seller with a share of almost 34 percent. Merrill Lynch, UBS and Instinet were other major sellers the small things blog of the stock on Friday.
The biggest loser this week was Tandberg Data. Now the shares after the offering and the conversion of bonds ended the account and it has made the stock price has plummeted. Although the fall Friday was limited to 4.55 percent, the stock ended down nearly 77 percent this week.
Several brokerage has definitely seen Yara recently. Last up is Citigroup which almost doubles the price target of the stock to the fertilizer manufacturer. Although they retain hold recommendation jacking up the price target to 380 million from 196 million. The revision comes after a strong price trend in nitrogen fertilizer along with other items created the potential for further upside. Yara ended up 1.34 percent to 341.50 kroner. Previous set the new record of 350.50 million, the company at over 102 billion. Yara's shares rose 5.73 percent the week as a whole.
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