1▲4 | SUBC | Subsea 7 SA | 78+22 | 82+25 | 55+3 | 45+7 | high | Subsea 7 is the strongest momentum name in the portfolio with +7.7% weekly gain, strong range positioning at 64%, and energy-services tailwind from elevated oil prices. | ▼ |
2▲2 | EQNR | Equinor ASA | 75+15 | 70+18 | 65+3 | 60+10 | high | Equinor is the top energy pick with +5.6% weekly gain, positive 20d trend, and direct leverage to elevated Brent crude at $97.51/bbl, while lower volatility than AKRBP adds quality. | ▼ |
3▼1 | AKRBP | Aker BP ASA | 72+4 | 68+3 | 62+2 | 58+3 | high | Aker BP benefits directly from Brent at $97.51/bbl, showing solid +4.8% weekly and +2.6% monthly momentum with price sitting at 62% of its 20-day range. | ▼ |
4▼3 | NHY | Norsk Hydro ASA | 68-8 | 75-13 | 55 | 50+10 | medium | Norsk Hydro is the standout materials name with +8.7% over 20 days and sitting at 78% of its 20-day range, driven by aluminium price recovery and energy transition demand. | ▼ |
5▲2 | BWLPG | BW LPG Limited | 65+20 | 74+32 | 52+4 | 48+6 | medium | BW LPG has strong weekly (+7.3%) and monthly (+6.4%) momentum with a supportive macro backdrop for LPG shipping, though mid-range positioning and sector volatility temper a full buy signal. | ▼ |
6▼3 | DNB | DNB Bank ASA | 50-15 | 48-12 | 60-2 | 78-2 | medium | DNB shows resilient fundamentals and sits near the midpoint of its 20-day range, but a mild weekly decline and lack of near-term catalysts cap upside conviction. | ▼ |
7▲4 | SCATC | Scatec ASA | 48+10 | 42+14 | 48+8 | 82+14 | medium | Scatec shows modest positive momentum (+2.3% 20d) with the lowest realised volatility in the portfolio (Vol 5.1%), but below-MA pricing and limited near-term catalysts keep conviction moderate. | ▼ |
8▲2 | KOG | Kongsberg Gruppen ASA | 38 | 28+6 | 60+5 | 48+6 | low | Kongsberg has sold off -6.1% this week despite strong defence sector fundamentals, suggesting near-term profit-taking after a strong run; range at 48% signals no immediate bottom confirmation. | ▼ |
9— | STB | Storebrand ASA | 35-5 | 22-3 | 50 | 75-3 | low | Storebrand has pulled back -3.5% over 20 days and sits near the bottom of its range, with no visible catalyst to reverse the trend despite low realised volatility. | ▼ |
10▲2 | TEL | Telenor ASA | 28-9 | 15-13 | 50 | 62 | low | Telenor is at its 20-day low with negative weekly and monthly momentum; the defensive telecom profile limits downside but there are no catalysts to drive near-term outperformance. | ▼ |
11▲2 | YAR | Yara International ASA | 26-4 | 14-4 | 42 | 65+3 | low | Yara sits at its 20-day low with -1.8% weekly and -6.8% monthly declines, reflecting fertiliser market headwinds and elevated input cost uncertainty. | ▼ |
12▲2 | ORK | Orkla ASA | 24+2 | 12+4 | 48+3 | 30+2 | low | Orkla's -13.4% 20-day decline and -7% vs. its MA signals persistent selling in consumer staples, though its defensive business provides a fundamental floor. | ▼ |
13▼5 | MOWI | Mowi ASA | 22-20 | 8-28 | 45-7 | 62-6 | low | Mowi is at its 20-day low with -6.4% weekly loss, and while it is the most liquid and stable aquaculture name (Vol 7%), the sector downtrend lacks a near-term reversal catalyst. | ▼ |
14▼8 | SALM | SalMar ASA | 20-26 | 6-37 | 43-9 | 45+3 | low | SalMar is at its 20-day low with the sharpest weekly drop in the aquaculture group (-7.0%), and elevated volatility relative to peers adds further near-term risk. | ▼ |
15— | AUSS | Austevoll Seafood ASA | 18 | 5 | 40+2 | 38+8 | low | Austevoll sits at its 20-day low with -6.2% weekly and -9.9% monthly declines, reflecting broad aquaculture sector weakness with no positive catalysts visible. | ▼ |