OBX Index explained

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 18 March 2024.[1]

Company ICB subsector Ticker symbol Index weighting (%)[2]
oil: crude producers 7.70
marine transportation 0.91
banks 9.89
integrated oil and gas 15.22
marine transportation2.07
marine transportation 0.97
marine transportation 1.71
marine transportation 0.96
diversified industrials 5.72
farming, fishing, ranching and plantations 8.00
MPC Container Ships marine transportation 0.41
renewable energy equipment 0.71
semiconductors 1.31
aluminum 7.11
airlines 1.09
food products 5.17
oil equipment and services 0.62
farming, fishing, ranching and plantations 4.68
life insurance 4.16
oil equipment and services 3.58
telecommunications services 6.66
oil equipment and services 1.30
machinery: industrial 3.11
offshore drilling and other services 1.93
fertilizers 5.03

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:

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

See also

External links

Notes and References

  1. Web site: Euronext announces March 2024 review results of the OBX® Family. 22 March 2024. 6 March 2024.
  2. As of 22 March 2024.
  3. News: Per Arne . Lium . Krakket over alle krakk, eller? . . Oslo, Norway . 2008-10-12 . 2008-10-13 . no.
  4. News: Panikken tok børsen . . Oslo, Norway . 2008-10-06 . October 6, 2008 . no.
  5. News: 100 milliarder forduftet fra børsen . . Oslo, Norway . 2008-10-24 . October 24, 2008 . no.
  6. News: Paal Adolfsen . Svendsen . Kraftig nedgang på Oslo Børs . . Oslo, Norway . 2008-10-15 . October 16, 2008 . no.
  7. News: Klever . Magnus . Verste dag på 17 år . . Oslo, Norway . 2008-09-29 . September 30, 2008 . no.
  8. News: Parr, Odd Steinar . Ny, brutal dag på Oslo Børs – smalt ned stygge åtte prosent . . Oslo, Norway . 2008-10-16 . October 16, 2008 . no.
  9. News: Finanskrisen senker Oslo Børs: Verste børsuke i moderne tid . . Oslo, Norway . 2008-10-10 . October 10, 2008 . no.
  10. News: Massivt fall på børsen . . Oslo, Norway . 2008-11-12 . November 13, 2008 . no.
  11. News: Gulbrand . Øverbye . Et av tidenes største børsfall . . Oslo, Norway . 2008-10-08 . October 8, 2008 . no.
  12. News: Even . Landre . Krisestemning på børsen . . Oslo, Norway . 2008-09-09 . October 5, 2008 . no.
  13. News: Katastrofal børsdag . . Oslo, Norway . . June 29, 2010 . June 29, 2010 . no.