OBX Index

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The OBX Index is a stock market index which lists the 25 most liquid companies on the main index of the Oslo Stock Exchange in Norway. All stocks on the OBX list can be traded with options and futures. The companies on the OBX list are rotated twice a year, on the third Friday of June and December.

List of companies in the index

OBX Index 1996–2012

The following 25 companies constitute the OBX list as of the semi-annual review effective 16 December 2011, which saw Archer, Golden Ocean Group and Questerre Energy Corporation leave the index to be replaced by Algeta, Cermaq and Golar LNG.[1]

Company GICS Sector[2] Ticker symbol Index weighting (%)[3]
Algeta biotechnology ALGETA 0.73
Aker Solutions oil and gas equipment and services AKSO 1.60
Cermaq packaged foods and meats CEQ 0.63
DNB diversified banks DNB 8.99
DNO International oil and gas exploration and production DNO 0.86
Fred. Olsen Energy oil and gas drilling FOE 1.03
Frontline oil and gas storage and transportation FRO 0.10
Gjensidige Forsikring multi-line insurance GJF 2.25
Golar LNG oil and gas storage and transportation GOL 1.57
Marine Harvest packaged foods and meats MHG 1.13
Norsk Hydro aluminium NHY 3.93
Orkla industrial conglomerates ORK 5.79
Petroleum Geo-Services oil and gas equipment and services PGS 2.01
Prosafe oil and gas equipment and services PRS 1.52
Renewable Energy Corporation electrical components and equipment REC 0.28
Royal Caribbean Cruises hotels, resorts and cruise lines RCL 1.81
Schibsted publishing SCH 1.86
Seadrill oil and gas drilling SDRL 6.47
Statoil integrated oil and gas STL 28.11
Statoil Fuel & Retail automotive retail SFR 1.14
Storebrand multi-line insurance STB 1.70
Subsea 7 oil and gas equipment and services SUBC 4.84
Telenor integrated telecommunication services TEL 12.57
TGS-NOPEC oil and gas equipment and services TGS 2.09
Yara International fertilizers and agricultural chemicals YAR 6.97

History

In 2003 the index showed 100 points. In May 2008 it showed 522 points.[4]

Biggest drop in one day

The worst performing days for the OBX Index are:

Rank Date Drop (%) Circumstance Ref.
1 October 20, 1987 -19.11 since labelled "Black Tuesday" [5]
2 August 1991
3 October 6, 2008 -9.71 in conjunction with the global liquidity crisis [5]
4 October 24, 2008 -9.24 in conjunction with the global liquidity crisis [6]
5 October 15, 2008 -8.81 in conjunction with the global liquidity crisis [7]
6 September 29, 2008 -8.3 in conjunction with the global liquidity crisis [8]
7 October 16, 2008 -7.95 in conjunction with the global liquidity crisis [9]
8 October 10, 2008 -7.7 in conjunction with the global liquidity crisis [10]
9 November 12, 2008 -7.45 in conjunction with the global liquidity crisis [11]
10 October 8, 2008 -6.44 in conjunction with the global liquidity crisis [12]
11 January 21, 2008 -6.4 [13]
12 September 9, 2008 -5.57 in conjunction with the global liquidity crisis [13]
13 June 29, 2010 -5.28 [14]

See also

References

  1. ↑ "New composition of the OBX segment". Oslo Børs. 14 December 2011. Retrieved 18 December 2011. 
  2. ↑ Source: GICS listings, Oslo Børs.
  3. ↑ As of 16 December 2011. Source: OBX weight report for 16.12.2011, Oslo Børs.
  4. ↑ Lium, Per Arne (2008-10-12). "Krakket over alle krakk, eller?". Dagens Næringsliv (in Norwegian) (Oslo, Norway). Retrieved 2008-10-13. 
  5. ↑ 5.0 5.1 "Panikken tok børsen". e24.no (in Norwegian) (Oslo, Norway). 2008-10-06. Retrieved October 6, 2008. 
  6. ↑ "100 milliarder forduftet fra børsen". e24.no (in Norwegian) (Oslo, Norway). 2008-10-24. Retrieved October 24, 2008. 
  7. ↑ Svendsen, Paal Adolfsen (2008-10-15). "Kraftig nedgang på Oslo Børs". NRK (in Norwegian) (Oslo, Norway). Retrieved October 16, 2008. 
  8. ↑ Magnus, Klever (2008-09-29). "Verste dag på 17 år". NA24 (in Norwegian) (Oslo, Norway). Retrieved September 30, 2008. 
  9. ↑ Parr, Odd Steinar (2008-10-16). "Ny, brutal dag på Oslo Børs – smalt ned stygge åtte prosent". Hegnar Online (in Norwegian) (Oslo, Norway). Retrieved October 16, 2008. 
  10. ↑ "Finanskrisen senker Oslo Børs: Verste børsuke i moderne tid". e24.no (in Norwegian) (Oslo, Norway). 2008-10-10. Retrieved October 10, 2008. 
  11. ↑ "Massivt fall på børsen". Dagens Næringsliv (in Norwegian) (Oslo, Norway). 2008-11-12. Retrieved November 13, 2008. 
  12. ↑ Øverbye, Gulbrand (2008-10-08). "Et av tidenes største børsfall". NA24 (in Norwegian) (Oslo, Norway). Retrieved October 8, 2008. 
  13. ↑ 13.0 13.1 Landre, Even (2008-09-09). "Krisestemning på børsen". NA24 (in Norwegian) (Oslo, Norway). Retrieved October 5, 2008. 
  14. ↑ "Katastrofal børsdag". Dagbladet (in Norwegian) (Oslo, Norway). NTB. June 29, 2010. Retrieved June 29, 2010. 

External links

OBX companies of Norway
See also: Companies listed on the Oslo Stock Exchange
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