Oslo shares AFX at a glance outlook |
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Mon, 05 Feb 2007 09:02
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OSLO (AFX) - Shares are expected to open stronger this morning, after oil prices rose to their highest level in four weeks in Asian trade, as cold winter weather continued across much of the US, the world's largest energy user, dealers said.The OSEBX Benchmark index closed last week 2.83 points higher at 467.49 and the OSEAX All Share index rose 2.52 points to 530.64.Total turnover amounted to 14.63 bln nkr.FORTHCOMING EVENTSToday-Nothing expectedTomorrow-Subsea 7 Q4 Results (0800 GMTCOMPANY NEWS-Fast Search & Transfer said it has won a deal with German publishing group ISA GmbH & Co KG, for the deployment of its Fast Enterprise Search Platform, worth an undisclosed sum.-APL, the transportation group, said it has been invited to talks with BW Offshore to discuss the 'strategic rationale' for a potential voluntary offer to purchase all outstanding shares in APL, with settlement in BWO shares.-Orkla ASA said it has paid almost 6.5 bln nkr to hike its stake in Renewable Energy Corporation ASA to 39.99 pct from 27.5 pct, but that it has 'no intention' of raising its stake beyond this level, effectively ruling out a takeover attempt.MARKET SENTIMENT-Carnegie says the bird flu outbreak in the UK could be positive for Norway's Pan Fish, on which it has a 'neutral' recommendation.alastair.reed@thomson.comar/gpCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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