(powernews.org) - The steep plunge that has been witnessed in the market over the last days came to a halt this morning as prices stayed above yesterday’s closing levels throughout the morning. A Norwegian player was nevertheless of the opinion that the market will continue down during the week as he expects the Summer02 to drop below NOK 140 and the Year03 to fall close to NOK 160.
The market opened slightly up on Tuesday and continued trading sideways or slowly north throughout the morning. A Swedish trader told powernews.org that he found the correction natural due to weather prognosis foreseeing a colder period next week. But, as one analyst pointed out, the meteorologists did not seem sure if and when that period will come, and for how long. Improved hy
Dienstag, 5.02.2002, 12:24 Uhr
Sara Fagernes
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