The Complete List Of Norwegian ADRs

Last Updated on May 8, 2023

The complete list of Norwegian ADRs

Norway currently ranks as the 33rd largest economy in export, globally. The gas and oil sectors are two of the major export markets with the fishing industry in Norway. So naturally, the economy is quite sensitive to the changes in prices of the above commodities.

Krone is the primary currency of Norway and stands 14th in rank in the most traded currency in the forex markets. But as it does with any currency, economic changes and trends impact heavily on the fluctuations in the price of the Norwegian Krone (NOK). Investors are known to chase NOK when the EUR is not so confident. Furthermore, when the stock exchanges suffer (globally), investors tend to sell the NOK and buy EUR and USD. Investors thus need to take into account the NOK can swing widely. As late as 2012 many analysts predicted the NOK could be a “mini CHF”, but that didn’t materialize, of course. On the contrary, the NOK has depreciated massively since then: from 7.3 NOK/EUR to over 12 during the Covid-19 crisis.

Norway being the leading oil exporter in Western Europe, fluctuations in the global value of crude oil ends up affecting the NOK’s value. The country’s gross domestic product (GDP) is heavily influenced by its shipping, fishing, manufacturing, and hydroelectric power. With Norway staking its place to be one of the most secure and stable economies of Europe, it is considered a solid investment option.

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American Depositary Receipts ( ADRs )

American Depositary Receipts (ADRs) is a bank-issued certificate in the US that allows investors to buy stock in international companies that might not be possible otherwise. ADRs being denominated in US dollars adds to the convenience of the investors. Investors do not have to go through the hassle of trading in a foreign currency or stress over exchanging currencies over the forex market.

The U.S. settlement system verifies the securities as they are priced and traded in dollars. Moreover, benefits are mutual among investors and international firms, ADRs are an efficient means of easily attracting American capital and investors.

Below is the list of the Norwegian ADRs:

Norway – NYSE/Nasdaq

	Company	Ticker
1	Equinor	EQNR
2	Opera	OPRA

Norway – OTC

	Company	Ticker
1	Aker Solutions	AKRYY
2	Borregaard	BRGAY
3	DNB ASA	DNHBY
4	DNO	DTNOY
5	Europris ASA	ERPSY
6	Gjensidige Forsikring	GJNSY
7	Leroy Seafood	LYSFY
8	Marine Harvest	MGHVY
9	Multiconsult	MLTCY
10	NEL ASA	NLLSY
11	Norsk Hydro	NHYDY
12	Norway Royal Salmon	NRYYY
13	Orkla	ORKLY
14	Petroleum Geo-Services	PGSVY
15	Prosafe	PRSEY
16	Prosafe	PRSEY
17	Protector Forsikring	PSKRY
18	REC Silicon	RNWEY
19	Salmar ASA	SALRY
20	Schibsted	SBSNY
21	Solon Eiendom ASA	BNRQY
22	Storebrand	SREDY
23	Subsea 7	SUBCY
24	Telenor	TELNY
25	TGS NOPEC Geophysical Co	TGSGY
26	Thin Film Electronics	TFECY
27	Tomra Systems	TMRAY
28	Wallenius Wilhelmsen	WILWY
29	XXL ASA	XXLLY
30	Yara International	YARIY