NOK/EUR Price & Performance (NOKEUR)

Norwegian institutional investors and pension savers significantly increased their holdings in US equities during February, moving away from global mutual funds. This trend contrasts with retail investors in Norway, Sweden, and Finland, who reduced US fund investments, opting instead for high-yield opportunities.1

Nike shares dropped over 6% today following disappointing fourth-quarter revenue forecasts. Analysts expect continued struggles, citing tariff impacts and a slow turnaround under CEO Elliott Hill. The company’s gross margins are projected to decline significantly, adding to investor concerns.23

Norsk Hydro has announced a NOK 1.65 billion investment in a new aluminum wire rod foundry in Karmøy, Norway. Scheduled for completion by early 2028, the facility will enhance low-carbon production capabilities, supporting European energy infrastructure projects.4