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The Oslo Stock Exchange (Norwegian: Oslo Børs) serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 4:30pm local time . In addition to a wide range of domestic companies, the OSE attracts a lot of international companies within petroleum, shipping and other related areas.
Norway has extensive reserves of petroleum, natural gas, minerals, lumber, seafood, fresh water and hydropower. The petroleum industry accounts for around a quarter of the country's gross domestic product (GDP). [1] On a per-capita basis, Norway is the world's largest producer of oil and natural gas outside the Middle East. [2] [3]
The krone was the thirteenth-most-traded currency in the world by value in April 2010, down three positions from 2007. [ 1 ] The Norwegian krone is also informally accepted in many shops in Sweden and Finland that are close to the Norwegian border, and also in some shops in the Danish ferry ports of Hirtshals and Frederikshavn .
These are ETFs that are traded on European exchanges. (This list does not include ETFs that invest in European stocks but trade on other exchanges, such as the New York Stock Exchange. For example, the list below does not include the large Vanguard Europe ETF (ticker: VGK; name: Vanguard MSCI Europe ETF) which trades in the United States.)
Oslo Stock Exchange (Norwegian: Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway's only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed income instruments.
This list of the largest companies of Norway contains the 500 largest companies in Norway by revenue. Information is provided on revenue, operating income , net income and number of employees . Financial amounts are in millions of Norwegian kroner (1 US dollar = 8.85 kroner as of 12/02/2022 [ 1 ] ).
The Government Pension Fund – Norway had a value of NOK 384 billion autumn 2024. Unlike the Global division, it is required to limit its investments to companies in the Norwegian stock market, predominantly on the Oslo Stock Exchange. The Fund is not allowed to own more than a 15% interest in any single Norwegian company. [87]
Norway decided to stay out of OPEC, keep its own energy prices in line with world markets, and spend the revenue – known as the "currency gift" – wisely. The Norwegian government established its own oil company, Statoil (now known as Equinor), and awarded drilling and production rights to Norsk Hydro and the newly formed Saga Petroleum.
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