Reporting the total capital requirement for the designated period should be entered in column 80 of row 60 in the AE-ASS template.
Nel ASA Removed from Oslo Børs Benchmark Index, Triggers Sell-off
The Norwegian hydrogen specialist, Nel ASA, has been removed from the Oslo Børs Benchmark Index (OSEBX) after market close today. This decision was made by Euronext as part of the semi-annual index revision published on September 10, 2025, and will take effect on Monday, September 22.
The removal of Nel ASA from the OSEBX has triggered a sell-off, resulting in a 3.2% price drop to 0.183 euros on Friday afternoon. This price drop is due to index funds that mimic the OSEBX being forced to liquidate their Nel positions, causing an oversupply of shares.
The latest analysis from September 19 suggests urgent action is needed for Nel ASA shareholders. Concrete business successes are needed for a trend reversal in Nel ASA's stock. However, the text does not provide information about the potential impact of the sell-off on the broader stock market or the Oslo Børs.
In the recent period, Nel ASA's revenue from customer contracts fell by 48%, and the order intake plummeted by 74%. No new major orders are expected for Nel ASA in the near future, and its competitors in the hydrogen industry are reporting new orders while Nel remains stagnant.
The disastrous quarterly figures for Nel ASA have not been specified in the provided text. The Q3 figures for Nel ASA will be presented on October 28. For institutional investors, this means they are required to sell Nel ASA regardless of the price.
The analysis from September 19 provides guidance on whether to buy or sell Nel ASA shares. However, the text does not provide information about whether investors should sell immediately or consider buying Nel ASA. The expulsion from the leading index comes as no surprise, as Nel ASA already shocked investors with disastrous quarterly figures.
In conclusion, the removal of Nel ASA from the OSEBX has had a significant impact on its stock price. The company's financial performance in the recent period has been poor, with a significant drop in revenue and order intake. The Q3 figures, which will be presented in October, may provide more insight into the company's current situation and potential for recovery.
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