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.

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.

Company GICS Sector[2] Ticker symbol Index weighting (%)[3]
Akastor oil and gas equipment and services AKA 0.4228
Aker Solutions oil and gas equipment and services AKSO 1.0261
BW LPG oil and gas storage and transportation BWLPG 0.7021
DNB diversified banks DNB 13.8089
DNO International oil and gas exploration and production DNO 1.3482
Fred. Olsen Energy oil and gas drilling FOE 0.4363
Gjensidige Forsikring multi-line insurance GJF 3.2275
Golden Ocean Group marine GOGL 0.2185
Marine Harvest packaged foods and meats MHG 3.2412
Norsk Hydro aluminium NHY 6.0545
Norwegian Air Shuttle airlines NAS 0.7175
Opera Software internet software and services OPERA 1.3452
Orkla packaged foods and meats ORK 5.5385
Petroleum Geo-Services oil and gas equipment and services PGS 0.9914
Prosafe oil and gas equipment and services PRS 1.0425
REC Silicon semiconductor equipment REC 0.5443
REC Solar semiconductor equipment RECSOL 0.3564
Royal Caribbean Cruises hotels, resorts and cruise lines RCL 3.6266
Schibsted publishing SCH 3.2255
Seadrill oil and gas drilling SDRL 3.4667
Statoil integrated oil and gas STL 22.5925
Storebrand life and health insurance STB 1.8779
Subsea 7 oil and gas equipment and services SUBC 2.7226
Telenor integrated telecommunication services TEL 12.6975
TGS-NOPEC oil and gas equipment and services TGS 1.8591
Yara International fertilizers and agricultural chemicals YAR 6.9098

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:

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

External links


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