OSEBX closed at 261.59* this friday. At these levels we consider the risk reward of long position to be profitable and increase weights in equities on the oslo stock exchange again.
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We expect institutional investors to start joining from the sidelines and form an upward pressure. The main concern is the low liquidity/volume in the market, which can postpone the recovery. However, these levels are good entry points for long term positions.
* OBX (25 most liquid stocks) ended at 234.79
