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5 comment(s). Last comment by steve7876 2021-07-31 16:34

speakup

25,088 posts

Posted by speakup > 2021-04-22 10:22 | Report Abuse

OSLO (April 21): The pandemic is be-coming less dominant in the markets and other risks, such as inflation and a stock market correction, are rising, as vaccines fuel optimism and recovery, a top official at Norway’s US$1.3 trillion wealth fund said on Wednesday.On the basis of strong stock markets, driven by the finance and energy sectors, the world’s largest wealth fund on Wednes-day reported earnings of US$46 billion between January and March, a 4% return on investment that beat its own bench-mark index.“I would still put it (the pandemic) as one of the top three risks, absolutely, at this stage. We are seeing a slightly more balanced risk picture because there is more optimism now for growth and inflation,” chief executive officer Trond Grande told Reuters after the first-quarter results.While stocks earned a return of 6.6% for the fund, the fixed income portfolio had a rare loss of 3.2%, as interest rates rose substantially after a prolonged slide.“What you are seeing are some signs of some build-up of some inflation here and there, at least on the materials and raw materials side,” he said.“If that translates into inflation more broadly, I think you could see interest rates rising further,” he said adding that he had been a “little surprised” by the strength of the equity markets over the past year.“There will be at some point a correc-tion. We just need to be prepared for it,” he said, declining to say when he expected it.The fund invests the Norwegian state’s revenues from oil and gas production into 9,100 companies worldwide, owning 1.4% of all listed shares globally. It also invests in bonds, property, and since this month it has invested in green infrastructure.Its investment comprises 73.1% in eq-uities, 2.5% in unlisted real estate, and 24.5% in fixed income.

gladiator

662 posts

Posted by gladiator > 2021-04-22 16:36 | Report Abuse

Uncle not too late to buy Kossan now. Kossan is underrated.

PATIKAYA

205 posts

Posted by PATIKAYA > 2021-04-23 06:47 | Report Abuse

PA ..the young n energetic

chopstick

468 posts

Posted by chopstick > 2021-04-24 16:49 | Report Abuse

afterall we are not an alumi. producing country, we need to buy at high cost. and sell end producing at more high , how many customers can afford

Posted by steve7876 > 2021-07-31 16:34 | Report Abuse

The most common uses of aluminium, obviously, are those related to furniture. Whether you're looking for a dining table or a shelf-mounted storage unit, you'll more often than not find aluminium used as the main material, rather than another metal like wood. Part of the reason for this is that aluminium can be shaped into virtually any shape, including circular and rectangular pieces that make excellent countertops in kitchens.

https://purnellsfabrications.com.au/structural-steel-fabrication/

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