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Energie & Management > Marktkommentar Nordic - Market - Back towards fundamental levels
Marktkommentar Nordic

Market - Back towards fundamental levels

The Wednesday market opened in panic, regained strength during morning hours, and ended the day comfortably up on yesterday. A Swedish trader expected that the market would recover its composure now after a week of unexplainable movements.
When the V1-03 contract traded as low as NOK 202 this morning, a NOK 40.50 plunge from its Friday close, some traders were speaking of a ruined market. During the day the market has regained strength, and the V1-03 was last traded at NOK 219.50 after climbing steady throughout the day. A Swedish trader argued this afternoon that he was confident the market would become less volatile in the days

Mittwoch, 23.10.2002, 17:03 Uhr
Sara Fagernes
Energie & Management > Marktkommentar Nordic - Market - Back towards fundamental levels
Marktkommentar Nordic
Market - Back towards fundamental levels
The Wednesday market opened in panic, regained strength during morning hours, and ended the day comfortably up on yesterday. A Swedish trader expected that the market would recover its composure now after a week of unexplainable movements.
When the V1-03 contract traded as low as NOK 202 this morning, a NOK 40.50 plunge from its Friday close, some traders were speaking of a ruined market. During the day the market has regained strength, and the V1-03 was last traded at NOK 219.50 after climbing steady throughout the day. A Swedish trader argued this afternoon that he was confident the market would become less volatile in the days

Mittwoch, 23.10.2002, 17:03 Uhr
Sara Fagernes

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