Reported a breakthrough – the share rose 67 per cent

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On Wednesday, the main index on Oslo Børs rose 0.5 per cent before ending at a record high of 1,349.28 points. At the close of trading, a barrel of North Sea oil was traded for 89.55 dollars, up 0.7 per cent. Equinor climbed 0.4 percent to NOK 299.20, while Aker BP went up 1.1 percent to NOK 283.50.

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 went up 67.2 percent to NOK 4.84.

Arctic Securities downgrades Nordic Semiconductor from hold to sell, and cuts the price target from NOK 75 to NOK 70. The brokerage lowers its turnover estimates by four percent, and sees a particular downside to the consensus from the second half of 2024 onwards. The share fell 3.8 percent to NOK 79.44.

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 climbed 0.9 percent to NOK 27.25.

Investor Aasulv Tveitereid has sold Lemonshares for a total of NOK 75 million within five days. At the same time, it has become known that Arctic Securities is dropping the buy recommendation on the share, and cutting the price target from NOK 40 to NOK 37. The share fell 7.0 percent to NOK 32.10.

The New York Stock Exchange has approved the listing of Hafnia, and the first trading day is expected to be 9 April. The company, which will continue to have its primary listing on Oslo Børs, will not issue shares in connection with the listing on Wall Street. The share went up 2.0 percent to NOK 77.15.

It is also worth noting that Ultimovacs rose 34.9 per cent to NOK 11.80 during Wednesday’s trading.

The article is in Norwegian

Tags: Reported breakthrough share rose cent

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