UPDATE 3-Norway central bank slashes rates, pumps money into banks [Reuters]
SVENSKA HANDELSBK UNS/ADR (SVNLY)
NASDAQ:AMEX Investor Relations:
danskebank.com/investor-relations
Company Research
Source: Reuters
UPDATE 3-Norway central bank slashes rates, pumps money into banks * Norway c.bank cuts policy rate to 1% from 1.5% * Offers loans to banks, relaxes capital buffer * Moves aim to ease economic impact of coronavirus * Cuts 2020 growth view to 0.4% from 1.9% (Adds comment, background) By Terje Solsvik and Victoria Klesty OSLO, March 13 (Reuters) - Norway’s central bank slashed interest rates on Friday and lined up emergency loans for banks, as it warned of a sharp economic downturn triggered by the coronavirus outbreak. Norges Bank cut its key policy rate to 1.0% from 1.5% and signalled it may cut again. The announcement was unexpected and the reduction its biggest since 2011. To safeguard the flow of credit to companies and individuals amid signs of a liquidity squeeze, it also announced the first of a series of loans to the banking industry and eased capital reserve requirements. “There is considerable uncertainty about the duration and impact of the coronavirus outbreak, with a risk
Show less
Read more
Impact Snapshot
Event Time:
SVNLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SVNLY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SVNLY alerts
High impacting SVENSKA HANDELSBK UNS/ADR news events
Weekly update
A roundup of the hottest topics
SVNLY
News
- Norway Holds Rate at 4.5% and Signals No Rush on Easing [Yahoo! Finance]Yahoo! Finance
- Svenska Handelsbanken: One Of The Safest Banks In The World [Seeking Alpha]Seeking Alpha
- Billerud AB (publ) (BLRDY) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Atlas Copco AB (ATLKY) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- ChatGPT can be tricked into telling people how to commit crimes, a tech firm finds [Yahoo! Finance]Yahoo! Finance