The Oslo Stock Exchange (Oslo Børs) closed Friday afternoon after its worst day since March of last year. Its main index ended at 1408.9, down 2.94 percent.
That was the biggest decline logged in one day for 17 months, even though most of Norway’s large companies, like oil and gas producer Equinor and the country’s biggest bank DNB, continue to report strong profits.
The rough day in the markets is linked to the poor performances of many other stock exchanges around the world. Both the New York Stock Exchange and Asian exchanges also reported steep declines after some multinational firms reported disappointing earnings.
NewsinEnglish.no staff
