Salmon shares fall on Oslo Stock Exchange after results rush

Andreas Witzøe

Seafood index falls 3.5 per cent right after the opening on Wednesday morning.

Salmon farmers delivered a quarterly report on Wednesday before the opening. And several of them top the list of losers at the time of writing at the Oslo Stock Exchange.

Lerøy Seafood reported lower price attainment and higher withdrawal costs, falling above seven per cent. Austevoll Seafood suffered the same fate and fell just above nine per cent.

Increased costs in Shetland and Canada ate away at Grieg’s result, which fell nearly ten per cent from opening.

Mowi is most traded from the start of the Oslo Stock Exchange and fell over three per cent, despite the company delivering its best second quarter ever.

Salmar and Bakkafrost also ended up in red from the start, but with less impact.


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