OBX Index

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. Its Record High is 670,06 set on August 7 2017

List of companies in the index

OBX Index 1996–2012

The following 26 companies constitute the OBX list as of 26 September 2014. The last semi-annual review was 20 June 2014,[1] the fissioning of Akastor from Aker Solutions has temporarily added a 26th company to the index.

CompanyGICS Sector[2]Ticker symbolIndex weighting (%)[3]
Akastoroil and gas equipment and servicesAKA0.4228
Aker Solutionsoil and gas equipment and servicesAKSO1.0261
BW LPGoil and gas storage and transportationBWLPG0.7021
DNBdiversified banksDNB13.8089
DNO Internationaloil and gas exploration and productionDNO1.3482
Fred. Olsen Energyoil and gas drillingFOE0.4363
Gjensidige Forsikringmulti-line insuranceGJF3.2275
Golden Ocean GroupmarineGOGL0.2185
Marine Harvestpackaged foods and meatsMHG3.2412
Norsk HydroaluminiumNHY6.0545
Norwegian Air ShuttleairlinesNAS0.7175
Opera Softwareinternet software and servicesOPERA1.3452
Orklapackaged foods and meatsORK5.5385
Petroleum Geo-Servicesoil and gas equipment and servicesPGS0.9914
Prosafeoil and gas equipment and servicesPRS1.0425
REC Siliconsemiconductor equipmentREC0.5443
REC Solarsemiconductor equipmentRECSOL0.3564
Royal Caribbean Cruiseshotels, resorts and cruise linesRCL3.6266
SchibstedpublishingSCH3.2255
Seadrilloil and gas drillingSDRL3.4667
Statoilintegrated oil and gasSTL22.5925
Storebrandlife and health insuranceSTB1.8779
Subsea 7oil and gas equipment and servicesSUBC2.7226
Telenorintegrated telecommunication servicesTEL12.6975
TGS-NOPECoil and gas equipment and servicesTGS1.8591
Yara Internationalfertilizers and agricultural chemicalsYAR6.9098

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:

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

See also

References

  1. "Changes to the composition of the OBX Index from 20 June". 5 June 2014. Retrieved 1 July 2014.
  2. Source: GICS listings, Oslo Børs.
  3. As of 7 October 2014. Source: Oslo Børs - OBX vekter 07.10.2014, 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. 1 2 "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. 1 2 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.
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