Pareto Securities' Norwegian portfolio rose by 5.3 percent in March, underperforming the OSEBX, which climbed 9.3 percent.
The top performer was DNO, which surged 34.6 percent, while at the other end of the spectrum, Komplett saw a decline of -19.6 percent.
Heading into April, six changes are being made. Pareto is removing Aker Solutions, CMB.Tech, DNO, Komplett, Nordic Semiconductor, and Storebrand. These companies are being replaced by Archer, DNB, Europris, Hafnia, Norbit, and Vend Marketplaces.
DNO ASA is a Norway-based oil and gas exploration and production company. It is engaged in the acquisition, development and operation of oil and gas properties. The Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Cote d’Ivoire, Netherlands and Yemen. Norway and the United Kingdom represent nearly 60 percent of the Company’s global production and about 45 percent of its global reserves, with the balance predominantly in the Kurdistan region of Iraq. The Company operates through its head office in Oslo, and a network of offices throughout the MENA region. Its subsidiaries include DNO Yemen AS, DNO UK Ltd, DNO Invest AS, DNO Tunisia AS, DNO Iraq AS, and DNO Mena AS.
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Investor
Investor
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Global
Global
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ESG MSCI
ESG MSCI
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