Oslo Børs opened lower on Monday, with aluminum producer Norsk Hydro experiencing continued declines following downgrades from several brokerage firms.
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Foto: Erik Flaaris Johansen / NTB
The Oslo Stock Exchange began the week on a downward trend, with Norsk Hydro shares continuing to fall after recent downgrades from multiple brokerage firms.
As of 1:00 PM local time, the main index was up 0.11 percent.
The market’s performance follows a negative close on Friday, when Norsk Hydro shares declined sharply following the company’s announcement of asset sales.
Brent crude oil prices have also weakened slightly, trading at approximately $67.70 per barrel.
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Michael Brown is the Business Editor at Headlinez.News, specializing in financial markets, economic policy, and corporate developments. A seasoned business journalist with more than 14 years in the field, Michael has covered Wall Street, global trade, and the evolving tech-economy interface. His data-driven approach and accessible analysis help readers understand complex economic issues with clarity and depth.
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