Nordea plunged on Stockholm exchange report, OMXS30 index fell 0.6 percent
The Stockholm exchange fell on Thursday, with weakness in the index-heavy industrial and financial sectors. Market sentiment was weighed down by AI-related concerns. Towards the end of the day, there was some recovery, supported by gains on the major European exchanges. The earnings season continued with Nordea and Ericsson as the day’s most significant reports, […]
US crude oil inventories (DOE) fell more than expected last week
US crude oil inventories, excluding strategic reserves, fell by 8.6 million barrels last week. According to LSEG, the market expected a decline of 0.3 million barrels. The previous week’s reading was -3.2. Gasoline inventories increased by 3.5 million barrels. The market expected a decline of 0.8 million barrels. The previous week’s reading was 0.4. Distillate […]
US crude oil inventories down 8.6 million barrels in the latest reporting week, expected down 0.3
US crude oil inventories down 8.6 million barrels in the latest reporting week, expected down 0.3
US propane inventories fell to 106.4 million barrels last week
US propane inventories fell to 106.4 million barrels last week, from 107.8 million barrels the previous week. This is according to the latest weekly statistics from the energy agency EIA. USWeek 41Week 40Propane inventories, million barrels106.4107.8
Jefferies cuts its price target for Tomra to NOK 90 (105), repeats its Hold rating
Jefferies cuts its price target for Tomra to NOK 90 (105), repeats its Hold rating
Studentbostäder’s CEO to leave, deputy CEO appointed acting CEO
The board of property company Studentbostäder has decided that Rebecka Eidenert will leave the company and her role as CEO. Sebastian Schönström, the company’s deputy CEO, takes up the position of acting CEO with immediate effect. This is stated in a press release. The board is launching the process of appointing a permanent CEO with […]
Millennium is new publicly disclosed short seller in Norwegian
Millennium International Management has taken a new publicly disclosed short position in the airline Norwegian. The position amounts to 0.51 percent of the capital. There are three publicly disclosed short sellers in the company. In total, 1.63 percent of the capital is shorted in Norwegian. The Norwegian Financial Supervisory Authority requires positions exceeding 0.1 percent […]
Mixed trading on leading European exchanges ahead of the close, Stoxx 600 index down 0.1 percent
Leading European exchanges are trading mixed ahead of Thursday’s close. Concerns over AI investments are dampening overall market sentiment. At the same time, both market yields and the price of Brent crude are falling. The broad European Stoxx 600 index was down 0.06 percent at 637.36 at 16.24. During the day, the index has traded […]
EU launches review of more sectors for trade quotas against China – BN
The EU is launching a review of trade data to identify increases in imports from China and other countries, which could lead to the introduction of trade quotas for additional sectors of goods. Bloomberg News reports this. The EU is examining more sectors, including chemicals and industrial goods, where the agreement with China on imports […]
CHMP gives positive recommendation for Revolution Medicines’ drug for pancreatic cancer
The European Medicines Agency’s EMA expert committee CHMP recommends that Revolution Medicines’ Rasonque, daraxonrasib, be approved in the EU for adults with metastatic pancreatic cancer who have previously received at least one treatment. The recommendation follows a stepwise review that shortened EMA’s active evaluation to less than 150 days. The application now proceeds to the […]
