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

The following 25 companies constitute the OBX list as of the semi-annual review effective 23 September 2024.[1]

CompanyICB subsectorTicker symbolIndex weighting (%)[2]
Aker BPoil: crude producers5.60
BW LPGmarine transportation0.97
DNB Bankbanks10.43
Equinorintegrated oil and gas14.89
Frontlinemarine transportation1.66
Gjensidige Forsikringfull line insurance3.19
Golden Ocean Groupmarine transportation0.74
Hafnia Limitedmarine transportation1.44
Höegh Autoliners ASAmarine transportation1.09
Kongsberg Gruppendiversified industrials8.11
Mowifarming, fishing, ranching and plantations6.65
MPC Container Shipsmarine transportation0.69
Nordic Semiconductorsemiconductors1.52
Norsk Hydroaluminum7.07
Norwegian Air Shuttleairlines0.61
Orklafood products6.09
SalMarfarming, fishing, ranching and plantations3.28
Storebrandlife insurance4.50
Subsea 7oil equipment and services2.98
Telenortelecommunications services6.34
TGS ASAoil equipment and services1.58
Tomra Systemsmachinery: industrial2.85
Vår Energi ASAoffshore drilling and other services2.38
Wallenius Wilhelmsenmarine transportation0.99
Yara Internationalfertilizers4.34

History

In 2003 the index showed 100 points. In May 2008 it showed 522 points.[3]

Biggest drop in one day

The worst performing days for the OBX Index are:

RankDateDrop (%)CircumstanceRef.
1October 20, 1987-19.11since labelled "Black Tuesday"[4]
2August 1991
3October 6, 2008-9.71in conjunction with the 2008 financial crisis[4]
4October 24, 2008-9.24in conjunction with the global liquidity crisis[5]
5October 15, 2008-8.81in conjunction with the global liquidity crisis[6]
6September 29, 2008-8.3in conjunction with the global liquidity crisis[7]
7October 16, 2008-7.95in conjunction with the global liquidity crisis[8]
8October 10, 2008-7.7in conjunction with the global liquidity crisis[9]
9November 12, 2008-7.45in conjunction with the global liquidity crisis[10]
10October 8, 2008-6.44in conjunction with the global liquidity crisis[11]
11January 21, 2008-6.4[12]
12September 9, 2008-5.57in conjunction with the global liquidity crisis[12]
13June 29, 2010-5.28[13]

See also

References

  1. ^ "Euronext announces September 2024 review results of the OBX® Family". 11 September 2024. Retrieved 30 October 2024.
  2. ^ As of 30 October 2024.
  3. ^ Lium, Per Arne (2008-10-12). "Krakket over alle krakk, eller?" (in Norwegian). Dagens Næringsliv. Retrieved 2008-10-13.
  4. ^ "Panikken tok børsen" (in Norwegian). e24.no. 2008-10-06. Retrieved October 6, 2008.
  5. ^ "100 milliarder forduftet fra børsen" (in Norwegian). e24.no. 2008-10-24. Retrieved October 24, 2008.
  6. ^ Svendsen, Paal Adolfsen (2008-10-15). "Kraftig nedgang på Oslo Børs" (in Norwegian). NRK. Retrieved October 16, 2008.
  7. ^ Magnus, Klever (2008-09-29). "Verste dag på 17 år" (in Norwegian). NA24. Archived from the original on 2008-09-30. Retrieved September 30, 2008.
  8. ^ Parr, Odd Steinar (2008-10-16). "Ny, brutal dag på Oslo Børs – smalt ned stygge åtte prosent" (in Norwegian). Hegnar Online. Retrieved October 16, 2008.
  9. ^ "Finanskrisen senker Oslo Børs: Verste børsuke i moderne tid" (in Norwegian). e24.no. 2008-10-10. Retrieved October 10, 2008.
  10. ^ "Massivt fall på børsen" (in Norwegian). Dagens Næringsliv. 2008-11-12. Retrieved November 13, 2008.
  11. ^ Øverbye, Gulbrand (2008-10-08). "Et av tidenes største børsfall" (in Norwegian). NA24. Archived from the original on 2008-10-09. Retrieved October 8, 2008.
  12. ^ Landre, Even (2008-09-09). "Krisestemning på børsen" (in Norwegian). NA24. Archived from the original on 2008-09-17. Retrieved October 5, 2008.
  13. ^ "Katastrofal børsdag" (in Norwegian). Dagbladet. NTB. June 29, 2010. Retrieved June 29, 2010.