Why did Kongsberg Gruppen fall on 6 October?
Written after the close on
Kongsberg Gruppen −3.27%
Kongsberg fell sharply as Oslo Børs slid. Kongsberg Gruppen weakened over the last five trading days, and the Oslo benchmark fell slightly too, so the shares moved more than the market. The week was not one-way: it jumped midweek after a broker upgrade to buy and a run of large air-defence orders — including a roughly ten-billion-kroner NASAMS deal for Belgium and a smaller Dutch expansion — before giving ground. Watch the late-October report, where order intake is the focus.
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