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Energie & Management > Commentary - Nordic Market - Profit taking after bullish week
Commentary

Nordic Market - Profit taking after bullish week

The market traded at new record levels this morning, but has come off from the top, mainly due to profit taking, players say.
Q4-06 soared to EUR 75.50 in early trade, before dropping more than two euros. The last trade was done at 74.25.“We are at the end of a busy week, where we have seen a sharp upwards movement. It is natural for the market to ease off as players are balancing out their positions before the weekend,” says Stein Erik Iversen at BKK, who comments that Q4-06 traded at EUR 66 only t

Freitag, 18.08.2006, 11:34 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Profit taking after bullish week
Commentary
Nordic Market - Profit taking after bullish week
The market traded at new record levels this morning, but has come off from the top, mainly due to profit taking, players say.
Q4-06 soared to EUR 75.50 in early trade, before dropping more than two euros. The last trade was done at 74.25.“We are at the end of a busy week, where we have seen a sharp upwards movement. It is natural for the market to ease off as players are balancing out their positions before the weekend,” says Stein Erik Iversen at BKK, who comments that Q4-06 traded at EUR 66 only t

Freitag, 18.08.2006, 11:34 Uhr
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