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 General meetings in Det norske oljeselskap ASA and Aker Exploration ASA voted on Oct. 19 for a merger between the two companies. The merger is planned to be completed by registration in the Register of Business Enterprises after the stock exchange trading hours on Dec. 22, 2009. The companies have, as to date, received [...]
 Norwegian telecoms firm Telenor delivered huge profits on Oct. 29 that surprised analysts and sent the Oslo Stock Exchange up while most stock markets are logging declines. The Telenor Group is a leading provider of telecommunications services worldwide. The company has a strong footprint in Central and Eastern Europe and Asia and a leading Nordic [...]
 Oslo Børs is establishing Oslo Connect, a new regulated marketplace for trading in non-standardised derivatives (OTC derivatives). The launch of this marketplace will give investors a new and unique venue for efficient and secure trading in derivatives that are not stock exchange listed. Oslo Connect will be structured as a Multilateral Trading Facility (MTF) [...]
 Launch of New Tradable Index Based on Oslo Børs-listed Shares NASDAQ OMX Nordic, part of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today Sept. 10 announced it will launch a new portfolio of Norwegian derivatives products available for trading on September 14. At launch, the offering will include 15 Norwegian single-stock derivatives, as well as [...]
 On Monday Aug. 24 Oslo’s stock exchange (Oslo Børs) hit its highest point so far this year, reports AFP. The OSEBX index rose to 313.04 points in morning trade before slipping back a touch to show a gain of 1.52 percent to 312.03 points in mid-afternoon deals. Oslo Børs is dominated by oil-related companies, [...]
 Oslo Børs will introduce new tick sizes for the 25 shares that make up the OBX index with effect from Monday 31 August 2009. As previously announced, this is the result of the initiative taken by the Federation of European Securities Exchanges (FESE) to [...]
 DnB Nor Markets, Norway’s largest investment bank, sets up an equity research and securities sales team in Singapore. DnB Nor Markets, the investment banking division of Norway’s DnB Nor Bank ASA, yesterday announced it has set up an equity research and securities sales team in Singapore that will focus on the energy, offshore and [...]
 On April 16, it was 100 years since Hydro was first listed on the stock exchange. Shares in the company were first traded on the stock exchange in Kristiania, as Oslo was then called, on April 16, 1909. Later that year the share was also listed on the stock exchanges of Brussels, Geneva and [...]
 Norway’s stock exchange plans to develop its own clearinghouse for share trades, becoming the latest European market to enter the lucrative clearing market in an effort to prop up profits and address investor concerns over counterparty risk. Oslo Børs ASA has no mechanism for clearing share trades — the steps that fall between committing to [...]
The Norwegian crown strengthened against several major currencies on Friday on the back of increased risk appetite among investors, economists said. To read the full story on Forbes.com, click here.
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