On Wednesday, the arrow points up at the Oslo Stock Exchange. At lunchtime, the main index stands at 1,343.76 points, up 0.1 percent. A barrel of North Sea oil sells for 89.22 dollars, up 0.4 percent. Equinor is almost unchanged at NOK 297.95, while Aker BP rises 0.7 percent to NOK 282.30.
Lifecare has reached the target for pilot production of the Sencell sensor, which paves the way for automated production at the end of the second quarter as planned.
– Based on the pilot production, we are confident about the further process. This is definitely a major breakthrough for the company. We will launch the sensor for the veterinary market first, says managing director Joacim Holter. The share rises 50.1 per cent to NOK 4.35.
Arctic Securities downgrades its recommendation to Nordic Semiconductor from hold to sell, and adjusts the price target down from NOK 75 to NOK 70. The brokerage cuts its revenue estimates by four percent, and sees a particular downside to the consensus from the second half of 2024 onwards. The share falls 3.4 per cent to NOK 79.74.
Major shareholder and board member Gunnar Hvammen has, through the investment company Solan Capital, bought one million shares in Deep Value Drills at a rate of NOK 27.15 each. After this transaction, Hvammen has eight million shares in the company, corresponding to an ownership stake of 9.3 per cent. The share rises 1.7 percent to NOK 27.45.
Athea Sweden has signed a new framework agreement with the Swedish Medicines Agency, Sweden’s Geological Survey, the Veterinary Institute and the Norwegian Food Administration. The value of the framework agreement is a total of SEK 610 million over a maximum of four years. The share falls 0.3 percent to NOK 128.60.
The New York Stock Exchange has approved the listing of Hafnia, and the first trading day is expected to be 9 April under the ticker HAFN. The company will continue to have its primary listing on the Oslo Stock Exchange. Hafnia will not issue shares in connection with the listing on Wall Street. The share rises 2.0 percent to NOK 77.15.
It is also worth noting that NOK 370 million worth of shares have been traded in Dof Group. The share rises 0.1 percent to NOK 72.50. SoftOx Solutions climbs a whopping 93.6 per cent to NOK 0.60, while at the same time shares have been traded for a modest NOK 387,000.
