Icelandair Group’s shares have risen by 6.46% in a number of transactions on ICEX today. In transaction amounting to one billion kronas. This is the largest increase of the day on the ICEX Stock Exchange.
The increase may be attributed to two factors.
Firstly that the price of oil fell quite a bit yesterday, or by almost 5%.
Secondly Norwegian this morning showed good transit figures for the month of April as well as there are evidence that average prices were higher than analysts had expected.
Icelandair Fact Sheet on the stock exchange.
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