Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Good Liquidity In Companies Newly Listed On Oslo Børs

Date 19/06/2006

Oslo Børs has reviewed trading in listed company shares over the last six months, and has revised the allocations to the Oslo Børs liquidity categories. 18 of the 21 companies due to be allocated to a liquidity category for the first time have been placed in the liquid categories OBX or OB Match.

Oslo Børs has reviewed trading in listed company shares over the last six months, and has revised the allocations to the Oslo Børs liquidity categories. 18 of the 21 companies due to be allocated to a liquidity category for the first time have been placed in the liquid categories OBX or OB Match.

“Trading volumes on Oslo Børs have been very strong, and this again confirms that investors find the companies listed on Oslo Børs attractive. It is particularly pleasing to see good liquidity in the shares of many of the companies recently admitted to listing”, comments Bente A. Landsnes, President and CEO of Oslo Børs.

Oslo Børs uses categories based on liquidity when reporting share trading, as for example in the stock exchange tables in newspapers. The liquidity categories for shares listed on Oslo Børs will from now contain the following numbers of companies (figures for the previous period in brackets):

 OBX

 25 (25)

 OB Match:

 139 (125)

 OB Standard:

 37 (39)

 OB New:

 9 (11)

 OB Primary Capital certificates:

 20 (20)

The OBX category normally includes the 25 most liquid company shares listed on Oslo Børs. Companies with shares that are traded on average at least 10 times daily are included in the OB Match category. OB Match also includes companies that have entered into a market maker agreement. Companies with shares that attract fewer than 10 trades a day on average are allocated to the OB Standard category. Primary capital certificates issued by savings banks form a separate category, while shares that have only been listed for a short time and have insufficient history to be allocated to a category  (i.e. less than two months) are included in OB New.

Click this link to see the allocations to categories that apply from 16 June.