OBX Index

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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[edit]

OBX Index 1996–2012

The following 25 companies constitute the OBX list as of the semi-annual review effective 20 June 2014.[1]

Company GICS Sector[2] Ticker symbol Index weighting (%)[3]
Aker Solutions oil and gas equipment and services AKSO 1.8236
BW LPG oil and gas storage and transportation BWLPG 0.7713
DNB diversified banks DNB 12.5368
DNO International oil and gas exploration and production DNO 1.6348
Fred. Olsen Energy oil and gas drilling FOE 0.6591
Gjensidige Forsikring multi-line insurance GJF 2.515
Golden Ocean Group marine GOGL 0.3148
Marine Harvest packaged foods and meats MHG 2.9455
Norsk Hydro aluminium NHY 5.3597
Norwegian Air Shuttle airlines NAS 0.6477
Opera Software internet software and services OPERA 1.175
Orkla packaged foods and meats ORK 5.0732
Petroleum Geo-Services oil and gas equipment and services PGS 1.5939
Prosafe oil and gas equipment and services PRS 1.3651
REC Silicon semiconductor equipment REC 0.7974
REC Solar semiconductor equipment RECSOL 0.406
Royal Caribbean Cruises hotels, resorts and cruise lines RCL 2.6744
Schibsted publishing SCH 2.9411
Seadrill oil and gas drilling SDRL 4.887
Statoil integrated oil and gas STL 23.9809
Storebrand life and health insurance STB 1.7667
Subsea 7 oil and gas equipment and services SUBC 3.4598
Telenor integrated telecommunication services TEL 12.0564
TGS-NOPEC oil and gas equipment and services TGS 2.2874
Yara International fertilizers and agricultural chemicals YAR 6.3272

History[edit]

In 2003 the index showed 100 points. In May 2008 it showed 522 points.[4]

Biggest drop in one day[edit]

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[edit]

References[edit]

  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 16 December 2011. Source: OBX weight report for 01.07.2014, 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. ^ a b "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. ^ a b 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[edit]