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

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OBX Index 1996–2012
OBX Index 2004–2023, semi-log

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

Company ICB subsector Ticker symbol Index weighting (%)[2]
Aker BP oil: crude producers OSE: AKRBP 5.60
BW LPG marine transportation OSE: BWLPG 0.97
DNB Bank banks OSE: DNB 10.43
Equinor integrated oil and gas OSE: EQNR 14.89
Frontline marine transportation OSE: FRO 1.66
Gjensidige Forsikring full line insurance OSE: GJF 3.19
Golden Ocean Group marine transportation OSE: GOGL 0.74
Hafnia Limited marine transportation OSE: HAFNI 1.44
Höegh Autoliners ASA marine transportation OSE: HAUTO 1.09
Kongsberg Gruppen diversified industrials OSE: KOG 8.11
Mowi farming, fishing, ranching and plantations OSE: MOWI 6.65
MPC Container Ships marine transportation OSE: MPCC 0.69
Nordic Semiconductor semiconductors OSE: NOD 1.52
Norsk Hydro aluminum OSE: NHY 7.07
Norwegian Air Shuttle airlines OSE: NAS 0.61
Orkla food products OSE: ORK 6.09
SalMar farming, fishing, ranching and plantations OSE: SALM 3.28
Storebrand life insurance OSE: STB 4.50
Subsea 7 oil equipment and services OSE: SUBC 2.98
Telenor telecommunications services OSE: TEL 6.34
TGS ASA oil equipment and services OSE: TGS 1.58
Tomra Systems machinery: industrial OSE: TOM 2.85
Vår Energi ASA offshore drilling and other services OSE: VAR 2.38
Wallenius Wilhelmsen marine transportation OSE: WAWI 0.99
Yara International fertilizers OSE: YAR 4.34

History

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

Biggest drop in one day

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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 in conjunction with the financial crisis of 2007–2008 [4]
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 [12]
13 June 29, 2010 -5.28 [13]

See also

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References

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  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?". Dagens Næringsliv (in Norwegian). Oslo, Norway. Retrieved 2008-10-13.
  4. ^ a b "Panikken tok børsen". e24.no (in Norwegian). Oslo, Norway. 2008-10-06. Retrieved October 6, 2008.
  5. ^ "100 milliarder forduftet fra børsen". e24.no (in Norwegian). Oslo, Norway. 2008-10-24. Retrieved October 24, 2008.
  6. ^ Svendsen, Paal Adolfsen (2008-10-15). "Kraftig nedgang på Oslo Børs". NRK (in Norwegian). Oslo, Norway. Retrieved October 16, 2008.
  7. ^ Magnus, Klever (2008-09-29). "Verste dag på 17 år". NA24 (in Norwegian). Oslo, Norway. Retrieved September 30, 2008.
  8. ^ 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.
  9. ^ "Finanskrisen senker Oslo Børs: Verste børsuke i moderne tid". e24.no (in Norwegian). Oslo, Norway. 2008-10-10. Retrieved October 10, 2008.
  10. ^ "Massivt fall på børsen". Dagens Næringsliv (in Norwegian). Oslo, Norway. 2008-11-12. Retrieved November 13, 2008.
  11. ^ Øverbye, Gulbrand (2008-10-08). "Et av tidenes største børsfall". NA24 (in Norwegian). Oslo, Norway. Retrieved October 8, 2008.
  12. ^ a b Landre, Even (2008-09-09). "Krisestemning på børsen". NA24 (in Norwegian). Oslo, Norway. Retrieved October 5, 2008.
  13. ^ "Katastrofal børsdag". Dagbladet (in Norwegian). Oslo, Norway. NTB. June 29, 2010. Retrieved June 29, 2010.
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