OX-Global DRY12 up 5.74 points (5.61%)
Published 25. Nov 2021 10:38 AM
The OX Global DRY12 index is up more than 5% today with most constituents indicating bullish sentiment.
The most notable movers since yesterday’s closing are XNAS:SBLK and XNAS:GOGL being up respectively 10.24% and 14.14%. The reason for the surge can be found in the fact that Golden Ocean Group Limited published their Q3 2021 Interim Financial Report showing a net profit of $195m ($0.97 per share) and the announcement of a dividend of $0.85 per share, which increases their dividend payout for 2021 to $321m and expectations of even better Q4 results which was stated by CEO Ulrik Uhrenfeldt Andersen.
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