FORSIKTIG OPP, UK BNP, US ORDRE OG FED I SIKTE LUPE, STL & RENO

ANALYSE Aksjemarkedet i dag FORSIKTIG OPP, UK BNP, US ORDRE OG FED I SIKTE LUPE, STL & RENO Bekymringen for følgene av valgresultatet i Hellas reduseres raskt og i kombinasjon med et begrenset løft i energisektoren og et marked i ferd med å rette blikket frem mot ukens amerikanske sentralbankmøte ga dette en begrenset oppgang i de viktigste indeksene i går. Dow endte like over utgangspunktet, mens S&P500 og Nasdaq begge stengte opp 0.3%. Volumet på de tre hovedindeksene kom inn på 93-96% av gjennomsnittet for de siste tre måneder. Dempede bekymringer når det gjelder vekstutsiktene i Europa har også bidratt til å løfte de asiatiske indeksene i morgentimene i dag og Nikkei stenger opp 1.7%. I Kina og Hong Kong er indeksene imidlertid ned etter at oppdaterte tall viser en inntjening i industriselskapene som var mer ned enn ventet i desember. I tillegg til en opptrapping i takten når det gjelder kvartalsrapporter de neste dagene vil markedet også få flere nyheter og nøkkeltall fra makrosiden å forholde seg til. Vi får i dag oppdaterte BNP-tall fra UK, samt i første rekke ordreinngangen for varige goder og en forbrukertillitsmåling fra USA. Microsoft endte ned 3% etter sin oppdatering etter børs i går, mens United Technologies var ned 2% på en svakere guiding enn ventet. I løpet av dagen vil kvartalsrapportene fra blant annet Caterpillar og Procter & Gamble kunne påvirke den videre retningen. I oljemarkedet endte WTI-prisen i går ned USD 0.30 pr fat til USD 45.16 pr fat. Prisen ligger i morgentimene i dag ned ytterligere til USD 44.89 pr fat i et marked med en tilsynelatende tynn nyhetsstrøm. Brent åpner på USD 47.87 pr fat, ned USD 0.57 pr fat i forhold til nivået ved stengetid i det norske markedet i går ettermiddag. Lundin Petroleum og Statoil avholder kapitalmarkedsdager henholdsvis 4. februar og 6. februar. Når det gjelder Lundin er de alle de viktigste nøkkeltallene knyttet til Q4, guiding og investeringer allerede kommunisert og vi venter begrenset med ny informasjon i denne forbindelse. Det innebærer imidlertid ikke at vi mener en solid produksjonsvekst, et spennende leteprogram og et redusert kostnadsnivå fremover er reflektert i verdsettelsen. Vi har en kjøpsanbefaling på Lundin med et kursmål på SEK 150 pr aksje. Når det gjelder Statoil venter vi at signalene når det gjelder utbytte vil bli holdt uendret, men at produksjonsguidingen vil kunne komme noe ned. Her har vi en holdanbefaling med et kursmål nedjustert fra NOK 135 til NOK 130 pr aksje. RenoNorden vant sin første kontrakt i det norske markedet i 2001 og driver i dag avfallsinnsamling i fire nordiske land. Innenfor bransjen er selskapet ledende med en markedsandel på 28%. Etter vårt syn er vekstpotensialet solid ettersom størrelsen på selskapet gir kostnadsfordeler i forhold til konkurrentene og vi i markedene samtidig ser økende urbanisering og befolkningsvekst. Kontraktslengder på typisk 5+2 år, og i all hovedsak kommunale kunder, gjør at visibiliteten i estimatene er relativt høy. Selskapet har i tillegg signalisert en offensiv utbyttepolitikk fremover. Ser vi på tilsvarende internasjonale aktører er aksjen priset med en rabatt i forhold til disse. En viss rabatt er etter vårt syn berettiget, gitt at selskapet i denne sammenheng er mindre aktør, men dagens verdsettelse reflekterer en for høy rabatt og vi innleder dekning av RenoNorden med en kjøpsanbefaling og et kursmål på NOK 70 pr aksje. Selskap Tidspunkt Konsensus Yahoo Etter markedet 0.29 Apple Etter markedet 2.59 United Technologies Før markedet 1.65 Procter & Gamble Før markedet 1.14 Pfizer Før markedet 0.53 Caterpillar Før markedet 1.55 Land Nøkkeltall UK BNP Q4 10.30 2.8% USA Ordreinngang varige g. 14.30 0.5% USA Innkjøpssjefsindeks 15.45 53.8 USA Salg nye boliger 16.00 450k USA Forbrukertillit 16.00 95 Våre anbefalte aksjer: - NHY - HLNG - TIL - ORK - MHG - LSG - OCY YTD DNB: -2% YTD OSE: +3% Internasjonale børser Siste Endr. % Dow Jones 17,679 6 0.03 S&P 500 2,057 5 0.26 NASDAQ 4,772 14 0.29 Nikkei 225 17,727 259 1.48 Euro 500 254 1 0.58 Danmark-KFX 815 13 1.58 Finland-HEX 8,610 97 1.14 Norge-OSEBX 603 0 0.01 Sverige-SAX 502 6 1.17 Valuta/råvarer Siste I går Endr. % EUR/USD 1.123 1.124-0.07 USD/JPY 118.2 118.5 0.23 USD/NOK 7.792 7.804 0.10 EUR/NOK 8.757 8.772 0.17 Siste Endr. Endr. % CRB indeks 216-2.29-1.05 Brent sp. ($/bbl) 45.1-0.82-1.79 Brent 1m ($/bbl) 47.9-0.90-1.84 Alum. 3m ($/ton) 1,879.0 13.00 0.70 US Nat.gass 2.9-0.01-0.26 Renter Siste I går Endr. USA 10år 1.813 1.797 0.02 Tyskl. 10år 0.395 0.447-0.05 Norge 10år 1.258 1.305-0.05 USA 3m 0.256 0.257 0.00 Euro 3m 0.054 0.055 0.00 Norge 3m 1.340 1.360-0.02 DNB Markets følger markedet konstant og nå kan du følge oss på Twitter. Slik gjør vi det enda lettere for deg å forstå hva som skjer. Sjekk oss ut på twitter.com/dnbmarkets ANALYSTS Ole-Andreas Krohn Ole-Andreas.krohn@dnb.no TLF: 08940 Please see the last page for important information

DNB Markets Sentrale US-INDekser SENTRALE US-INDEKSER Endring Endring Endring Endring Gj.snittlig Siste i poeng 1 dag (%) 1 mnd.(%) hittil i år(%) est. P/E Dow Jones Industrial 17,679 6.10 0.03-2.08-0.81 15.87 S&P 500 2,057 5.27 0.26-1.52-0.09 18.23 Nasdaq Composite 4,772 13.88 0.29-0.73 0.75 35.74 Russel 2000 1,201 0.00 0.00-1.19-0.33 53.43 Amex naturgass-indeks (XNG) 725 6.30 0.88-1.16-0.30 21.23 Amex Oil Service Indeks 197 3.64 1.88-7.90-6.55 11.66 Philadelphia-børsens oljeproduksjon-indeks (XOI) 1,338 19.06 1.44-2.08-0.74 11.32 Amex farmasi-indeks (DRG) 553 3.05 0.55 2.58 3.77 23.26 Nasdaq biotech-indeks 3,430 53.66 1.59 6.94 7.93 #N/A N/A Philadelphia-børsens halvleder-indeks (SOX) 682 1.86 0.27-2.10-0.65 21.72 S&P 500 Paper & Forest Index ( PAFO) 235 2.28 0.98 0.59 1.90 0.00 NORDISKE AKSJER I USA Sluttkurs USA Endr.1 dag Volum USA Sluttkurs USA, Sluttkurs Forskjell sluttkurs (USD) (USD) hjemlig valuta hjemme USA/hjemlig Norge Frontline 3.26 0.23 3,829,509 25.40 25.00 0.40 Royal Caribbean Cruises 84.75-0.38 1,877,916 660.36 650.50 9.86 Questerre (CAD) 0.32-0.01 14,000 2.00 2.04-0.04 Statoil 17.60-0.45 2,753,492 137.14 135.90 1.24 Yara 51.52-0.33 14,926 401.44 402.30-0.86 Sverige AstraZeneca 70.57-0.12 3,022,825 586.22 588.00-1.78 Finland (EUR) Nokia 8.00 0.13 20,090,628 7.12 7.10 0.02 Danmark Novo Nordisk B 45.16 0.91 3,214,777 299.43 297.20 2.23 SAMMENLIGNBARE SELSKAPER (PEERS) BEST -1d% Peer SVAKEST -1d% Peer Furniture Brands Intern #N/A N/A EKO CVRD -4.6 NHY Dell Inc #N/A N/A KOM Hewlett Packard Co -3.1 ATEA Overseas Shipholding G#N/A N/A FRO Efore -2.2 ELT Ubs #N/A N/A DNB Stora Enso -1.8 NSG D/S Torm 41.2 ODF BHP -1.5 NHY Furniture Brands Intern #N/A N/A EKO Computer Sciences Co -1.2 EDB Air France 5.5 SASNOK Concordia -1.1 FRO Transocean Inc 5.2 FOE Teekay Shipping Corp -1.0 FRO Sanoma Wsoy 3.6 SCH Johnston Press -0.9 SCH Finnair 3.6 SASNOK AstraZeneca -0.7 ASD RÅVARER & SHIPPING Siste I går Endr. %1D 1W 1M 3M YTD 12M 52W H 52W L CRB indeks 216.0 216.0-0.6-0.26-8 -18.6-54.4-13.9-63.7 313.3 215.7 GS råvare indeks 2,898 2,898-16.0-0.5% - 27-420 -1,286-335 -1,822 5,214 2,875 Oil Brent Spot 45.07 45.25-0.18-0.40-0 -12.76-39.53-10.69-63.43 Brent olje 1m 47.89 48.16-0.27-0.56-0 -11.56-37.94-9.44-58.80 115.71 45.19 Brent olje 3m 50.37 50.63-0.26-0.51 0-10.70-36.36-8.82-55.23 114.44 47.68 WTI olje 1m 44.93 45.15-0.22 0.04-1 -9.80-36.07-8.34-50.79 107.73 44.20 Flybensin 526.00 526.00-1.75-0.33 5-89.00-281.75-47.00-456.00 Naturgass US Henry Hub 2.93 2.93-0.04-1.29-0 0.17-0.61-0.07-2.26 Fyringsolje 163.3 164.0-0.7-0.4 1-27 - 84.2-21.4-145.9 337.0 158.9 Metals Aluminium 3m 1,879 1,879 48 2.6 61 18-89 27 117 2,120 1,671 Nikkel 14,750 14,750 400 2.8 275-585 -260-400 260 21,625 13,650 Kopper 5,580 5,580 61 1.1-92 -722-1,110-720 -1,600 7,220 5,340 Gull 1,280 1,281-1 - 0.1-16 84 53 95 23 1,392 1,131 Shipping WS AG - Japan, 250 dwt 68 0 0 0-8 23 10 3 WS AG - USG, 250 dwt 38 38 0 0-5 13 5 0 Containerships index 0 0 0.0 0.0% - 0 0 0 0 0 Baltic dry index 703 703-17.0-2.36-36 -79-582 -79-514 1,621 0 703 2

DNB Markets US-INTRADAG REBASERT US-INTRADAG REBASERT 104 103 102 101 100 99 98 97 96 95 OSX (Oljeservice) XOI (Oljeproduksjon) Oljepris (WTI) S&P500 Olje / Indekser Endring USA Endring Endring Endring close/close US-open/Oslo-close Oslo-close/US-close US-close/this morning WTI - -0.57 % 0.39 % 0.04 % Oljeservice 1.88 % 0.51 % 1.03 % Oljeproduksjon 1.44 % 0.54 % 0.75 %. Kilde: Bloomberg/DNB Markets 3

DNB Markets S&P 500-indekser på bransjenivå S&P 500-INDEKSER PÅ BRANSJENIVÅ Endring Endring Endring Endring Endring Gj.snittlig 1 dag 1 mnd. 3 mnd. 1 år hittil i år est. P/E Metall 1.7% -4.5% -15.9% -12.9% -4.2% 14.7 Energi og relatert utstyr 1.7% -4.6% -14.7% -15.4% -3.0% 15.8 Olje og gass 1.3% -2.5% -4.6% -4.9% -1.5% 25.9 Elektrisk utstyr 1.1% -5.2% -0.5% -7.3% -3.3% 15.1 Bygg og anlegg 1.0% -7.3% -15.4% -26.1% -7.7% 11.8 Papir- og skogprodukter 1.0% 0.6% 11.5% 21.1% 1.9% 13.7 Hotell og restaurant 0.9% 1.2% 6.9% 10.9% 1.6% 21.6 Farmasi 0.7% 2.3% 9.0% 24.7% 3.4% 17.9 Bioteknologi 0.7% 6.0% 5.6% 39.1% 7.0% 17.9 Media 0.7% -4.0% 3.6% 13.8% -3.2% 17.4 Bank 0.6% -7.8% -0.6% 4.9% -7.2% 11.2 Maskiner 0.6% -4.4% 0.1% 5.7% -2.4% 15.2 Industrielle konglomerater 0.4% -3.6% 1.0% 6.7% -1.9% 16.0 Elektronisk utstyr og instrumenter 0.2% -0.4% 16.7% 21.0% 1.8% 16.4 Matvarer 0.1% -1.0% 6.8% 16.0% 1.5% 18.9 Luftfart 0.1% 6.6% 30.3% 85.6% 5.1% 11.5 Forsikring 0.1% -5.6% 1.7% 10.6% -4.6% 10.8 Legemiddelindustri og bioteknologi 0.1% 11.8% 13.9% 31.3% 11.8% 17.6 Kjemikalier 0.0% -1.5% 4.6% 14.0% 0.1% 16.8 Bildeler 0.0% -4.1% 6.8% 5.8% -3.1% 12.6 Kraft -0.1% 1.3% 10.5% 31.2% 4.1% 17.7 Kommunikasjonsutstyr -0.1% -3.0% 6.2% 9.9% -1.3% 13.8 Drikkevarer -0.2% 1.8% 6.8% 19.7% 4.0% 21.4 Helseartikler -0.3% 0.4% 10.2% 27.2% 1.7% 19.5 Programvare -0.3% -2.6% 6.0% 24.6% 0.1% 18.2 Diversifiserte telekomtjenester -0.4% -2.3% -3.6% 1.3% -0.3% 13.6 Datamaskiner og tilbehør -0.6% -2.9% 6.5% 36.8% 0.2% 13.7 Internett programvare og -tjenester -0.7% -1.9% -0.1% 9.7% 0.3% 22.4 Husholdningsartikler -0.8% -4.6% 3.4% 12.3% -2.3% 21.4 Fritidsutstyr -3.1% -8.4% -9.7% -25.1% -8.8% 13.7 MSCI EUROPA PÅ BRANSJENIVÅ Endring Endring Endring Endring Endring Gj.snittlig 1 dag 1 mnd. 3 mnd. 1 år hittil i år est. P/E Transport 2.2% 9.1% 18.8% 15.5% 9.7% 14.96 Energi 1.4% 6.0% 0.6% -1.0% 7.6% 14.56 Biler og komponenter 1.3% 14.6% 32.9% 21.7% 15.9% 10.62 Programvare og tjenester 1.2% 2.0% 18.4% 7.2% 2.1% 17.42 Materialer 0.9% 6.6% 10.6% 7.4% 6.1% 15.35 Detaljhandel 0.8% 8.7% 22.9% 12.4% 7.8% 22.34 Kommersielle tjenester og leveranser 0.8% 8.1% 16.6% 10.2% 8.5% 17.59 Kapitalvarer 0.8% 9.4% 18.1% 8.2% 9.9% 16.27 Helsevern - utstyr og tjenester 0.7% 8.5% 18.7% 24.9% 7.5% 22.10 Forsyningsselskaper 0.7% 3.0% 7.5% 19.6% 4.2% 15.08 Husholdningsvarer og personlige produkter 0.7% 12.6% 24.5% 23.3% 12.1% 22.43 Eiendomsselskaper 0.7% 15.7% 25.7% 37.3% 16.1% 22.63 Forbruksvarer og klær 0.6% 5.0% 15.8% 13.2% 5.0% 18.34 Hotell-, underholdnings- og restaurantvirksomhet 0.5% 10.6% 25.9% 35.2% 10.2% 21.08 Media 0.5% 11.8% 25.5% 27.9% 11.4% 18.59 Banker 0.4% 2.1% 1.4% 1.7% 2.9% 10.67 Telekommunikasjon og tjenester 0.4% 9.4% 23.3% 20.5% 11.0% 20.27 Teknologisk utstyr 0.2% 8.4% 18.9% 27.1% 9.1% 19.25 Mat- og apotekhandel 0.2% 17.0% 30.1% -2.0% 15.5% 16.90 Finansieringsselskaper 0.1% 3.8% 13.7% 4.0% 4.7% 11.94 Forsikring 0.1% 8.9% 19.6% 24.3% 10.0% 11.44 Drikkevarer, mat og tobakk 0.0% 12.0% 19.9% 29.6% 12.3% 20.13 4

DNB Markets Indekser INDEKSER DOW 30 Kurs Endring Endring Endring siste 1 dag 1 mnd 1 år CHEVRON CORP 108.88 1.9% -3.9% -6.5% MCDONALD'S CORP 90.67 1.2% -4.3% -3.6% PFIZER INC 32.80 1.1% 3.6% 10.6% EXXON MOBIL CORP 91.76 1.0% -1.6% -3.3% HOME DEPOT INC 106.36 0.9% 2.5% 34.7% MERCK & CO. INC. 62.82 0.5% 8.7% 19.6% CATERPILLAR INC 86.03 0.5% -8.7% -5.8% GENERAL ELECTRIC CO 24.59 0.4% -4.6% -1.9% DU PONT (E.I.) DE NEMOURS 74.11 0.4% -1.4% 23.0% INTL BUSINESS MACHINES CO 156.36 0.3% -3.7% -12.1% WALT DISNEY CO/THE 94.97 0.3% -0.1% 31.4% NIKE INC -CL B 96.35 0.2% -0.5% 34.0% JPMORGAN CHASE & CO 56.77 0.2% -9.2% 3.0% WAL-MART STORES INC 88.63 0.1% 2.0% 19.5% 3M CO 164.24 0.1% -1.2% 27.4% TRAVELERS COS INC/THE 107.07 0.1% 0.3% 30.1% JOHNSON & JOHNSON 102.26 0.1% -2.7% 13.7% GOLDMAN SACHS GROUP INC 180.42 0.0% -7.7% 9.6% UNITEDHEALTH GROUP INC 111.61-0.3% 8.8% 55.8% MICROSOFT CORP 47.01-0.4% -1.8% 30.5% VERIZON COMMUNICATIONS IN 46.96-0.4% -1.9% -1.5% BOEING CO/THE 134.07-0.4% 1.9% -2.4% PROCTER & GAMBLE CO/THE 89.58-0.6% -4.2% 14.2% AT&T INC 33.18-0.6% -2.9% -1.0% VISA INC-CLASS A SHARES 256.53-0.7% -3.8% 18.6% COCA-COLA CO/THE 43.00-0.7% 0.1% 11.0% CISCO SYSTEMS INC 27.97-0.9% -1.3% 27.1% AMERICAN EXPRESS CO 83.30-1.0% -11.7% -2.8% UNITED TECHNOLOGIES CORP 118.75-1.0% 1.3% 4.4% INTEL CORP 35.81-1.8% -4.6% 44.8% S&P 500-30 fra toppen Kurs Endring Endring Endring siste 1 dag 1 uke 1 år WELLPOINT INC #N/A N/A #VALUE! #VALUE! #VALUE! COVIDIEN PLC 106.71 #VALUE! 3.4 % 57.6 % MEADWESTVACO CORP 51.35 14.0 % 13.7 % 46.0 % WYNN RESORTS LTD 155.83 6.7 % 3.6 % -18.3 % PEABODY ENERGY CORP 6.67 5.9 % -14.5 % -60.7 % DR HORTON INC 24.38 5.5 % -2.1 % 16.4 % TRANSOCEAN LTD 16.49 5.2 % -12.7 % -63.6 % MYLAN INC 56.80 4.8 % -1.4 % 29.1 % ROPER INDUSTRIES INC 155.70 4.0 % -2.6 % 15.0 % FIRST SOLAR INC 44.17 3.8 % -0.4 % -9.6 % ALLEGHENY TECHNOLOGIES 28.26 3.4 % -19.3 % -11.4 % GRAHAM HOLDINGS CO-CLAS 925.00 3.3 % 4.7 % 45.0 % MARATHON OIL CORP 27.27 2.8 % -3.5 % -17.2 % MASCO CORP 25.34 2.8 % 0.3 % 16.7 % CIMAREX ENERGY CO 103.00 2.7 % -7.1 % 6.9 % NOBLE ENERGY INC 47.52 2.7 % 0.6 % -23.5 % LENNAR CORP-A 44.89 2.7 % 2.6 % 21.6 % NABORS INDUSTRIES LTD 11.41 2.6 % -11.0 % -33.0 % DEVON ENERGY CORP 61.72 2.6 % 1.5 % 5.2 % TRACTOR SUPPLY COMPANY 81.78 2.6 % 5.0 % 16.1 % UNDER ARMOUR INC-CLASS A 71.61 2.6 % 5.2 % 72.7 % APACHE CORP 64.47 2.5 % 0.8 % -20.6 % PULTEGROUP INC 21.21 2.5 % 1.0 % 13.4 % CHESAPEAKE ENERGY CORP 20.14 2.4 % 2.2 % -18.1 % CONSOL ENERGY INC 31.05 2.4 % -11.4 % -16.6 % NEWS CORP - CLASS A 15.54 2.4 % -0.2 % -5.2 % MARTIN MARIETTA MATERIAL 112.43 2.4 % 0.8 % 9.4 % DENBURY RESOURCES INC 6.96 2.4 % -14.4 % -56.4 % BEST BUY CO INC 35.83 2.3% -8.5% 45.7% S&P 500-30 fra bunnen Kurs Endring Endring Endring siste 1 dag 1 uke 1 år SEAGATE TECHNOLOGY 59.06-7.7 % -14.1 % 1.7 % MATTEL INC 26.64-5.0 % -12.8 % -38.1 % WESTERN DIGITAL CORP 100.98-4.8 % -10.7 % 19.4 % WW GRAINGER INC 234.81-4.5 % -8.7 % -1.7 % ADT CORP/THE 33.82-3.3 % -5.7 % -11.3 % HEWLETT-PACKARD CO 38.84-3.1 % -4.6 % 35.8 % DOLLAR TREE INC 70.36-2.4 % 1.1 % 37.8 % LYONDELLBASELL INDU-CL A 79.27-1.9 % -2.1 % 4.7 % ADOBE SYSTEMS INC 72.74-1.8 % -2.6 % 24.6 % MEDTRONIC INC 75.59-1.8 % 2.7 % 32.7 % VERISIGN INC 55.81-1.8 % -4.7 % -6.0 % INTEL CORP 35.81-1.8 % -4.6 % 44.8 % KIMBERLY-CLARK CORP 109.85-1.6 % -7.1 % 6.7 % SEALED AIR CORP 39.42-1.5 % -9.3 % 26.8 % E*TRADE FINANCIAL CORP 24.19-1.5 % -0.5 % 20.5 % NETAPP INC 38.90-1.5 % -8.6 % -11.0 % PRAXAIR INC 124.52-1.4 % -5.8 % -1.0 % COACH INC 37.09-1.4 % -0.1 % -23.2 % EMC CORP/MA 28.33-1.3 % -8.3 % 11.8 % COLGATE-PALMOLIVE CO 66.29-1.3 % -6.5 % 6.7 % EBAY INC 56.06-1.2 % -1.7 % 6.0 % COMPUTER SCIENCES CORP 63.69-1.2 % -0.7 % 19.3 % ESTEE LAUDER COMPANIES-C 72.86-1.1 % -5.9 % 6.3 % ALLEGION PLC 53.91-1.0 % -3.1 % 15.7 % UNITED TECHNOLOGIES CORP 118.75-1.0 % 1.3 % 4.4 % AMERICAN EXPRESS CO 83.30-1.0 % -11.7 % -2.8 % MONDELEZ INTERNATIONAL IN 36.58-1.0 % -3.1 % 8.8 % GOOGLE INC-CL A 536.72-1.0 % -0.9 % -2.6 % DOLLAR GENERAL CORP 68.84-0.9 % -0.8 % 19.7 % MASTERCARD INC-CLASS A 83.60-0.9 % -4.8 % 9.9 % MACERICH CO/THE 88.11-0.9 % 5.2 % 56.9 % PRECISION CASTPARTS CORP 205.99-0.9 % -14.6 % -19.6 % Nasdaq 100-30 fra toppen Kurs Endring Endring Endring siste 1 dag 1 uke 1 år MYLAN INC 56.80 4.8 % -1.4 % 29.1 % LIBERTY MEDIA CORP - A 35.66 3.2 % 3.0 % 0.4 % SEARS HOLDINGS CORP 35.17 3.0% 8.1% 21.5% TESLA MOTORS INC 206.55 2.6 % -9.3 % 21.8 % SIRIUS XM HOLDINGS INC 3.66 2.5 % 4.9 % 0.0 % GARMIN LTD 54.30 2.4 % 0.9 % 19.9 % EXPEDITORS INTL WASH INC 45.24 2.1 % 1.2 % 9.0 % NETFLIX INC 446.56 2.1 % 31.3 % 17.1 % BED BATH & BEYOND INC 78.02 1.8 % 1.9 % 21.3 % GILEAD SCIENCES INC 107.11 1.5 % 14.2 % 35.8 % BIOGEN IDEC INC 362.44 1.4 % 5.9 % 21.7 % CERNER CORP 68.12 1.3 % 3.7 % 25.8 % LIBERTY GLOBAL PLC-A 47.38 1.3 % -6.9 % 13.9 % MARRIOTT INTERNATIONAL -C 79.42 1.2 % 0.9 % 61.9 % PACCAR INC 65.21 1.0 % -5.7 % 17.0 % YAHOO! INC 49.44 1.0 % -2.8 % 34.9 % ACTIVISION BLIZZARD INC 20.84 0.9 % 2.0 % 25.0 % REGENERON PHARMACEUTICA 423.77 0.8 % 2.5 % 56.5 % SANDISK CORP 80.35 0.8 % -20.7 % 15.5 % NUANCE COMMUNICATIONS IN 13.91 0.8 % -3.8 % -7.7 % DISCOVERY COMMUNICATION 30.06 0.7 % -13.8 % -23.9 % TWENTY-FIRST CENTURY FOX 34.54 0.7 % -11.2 % 11.2 % C.H. ROBINSON WORLDWIDE I 74.64 0.7 % -2.7 % 30.9 % COMCAST CORP-CLASS A 56.69 0.7 % -2.9 % 8.0 % INTUITIVE SURGICAL INC 521.01 0.7 % -1.9 % 27.5 % SBA COMMUNICATIONS CORP 119.14 0.6 % 5.8 % 33.0 % O'REILLY AUTOMOTIVE INC 191.28 0.6 % -1.4 % 43.8 % QUALCOMM INC 72.61 0.6 % -4.0 % -0.8 % COSTCO WHOLESALE CORP 142.91 0.6 % -0.4 % 26.4 % ROSS STORES INC 95.23 0.6 % 1.9 % 39.5 % Nasdaq 100-30 fra bunnen Kurs Endring Endring Endring siste 1 dag 1 uke 1 år SEAGATE TECHNOLOGY 59.06-7.7% -14.1% 1.7% MATTEL INC 26.64-5.0% -12.8% -38.1% WESTERN DIGITAL CORP 100.98-4.8% -10.7% 19.4% VIMPELCOM LTD-SPON ADR 3.80-3.3% -9.3% -67.3% DOLLAR TREE INC 70.36-2.4% 1.1% 37.8% ADOBE SYSTEMS INC 72.74-1.8% -2.6% 24.6% INTEL CORP 35.81-1.8% -4.6% 44.8% BAIDU INC - SPON ADR 229.46-1.7% -2.3% 44.6% TEVA PHARMACEUTICAL-SP A 59.00-1.5% 3.2% 34.9% NETAPP INC 38.90-1.5% -8.6% -11.0% EBAY INC 56.06-1.2% -1.7% 6.0% MONDELEZ INTERNATIONAL IN 36.58-1.0% -3.1% 8.8% GOOGLE INC-CL C 535.21-0.9% 0.2% #VALUE! AMAZON.COM INC 309.66-0.9% 0.2% -19.8% CISCO SYSTEMS INC 27.97-0.9% -1.3% 27.1% ALTERA CORP 34.00-0.8% -11.2% 6.6% XILINX INC 38.99-0.7% -11.2% -16.1% EQUINIX INC 229.41-0.5% -1.4% 31.7% CA INC 30.85-0.5% -1.2% -4.3% F5 NETWORKS INC 114.30-0.5% -14.5% 7.3% CHARTER COMMUNICATION-A 158.18-0.5% -5.9% 15.5% NVIDIA CORP 20.62-0.5% 0.1% 33.3% FACEBOOK INC-A 77.50-0.4% -4.1% 44.7% PAYCHEX INC 48.18-0.4% 2.1% 15.0% FASTENAL CO 46.10-0.4% -3.6% 3.5% MICROSOFT CORP 47.01-0.4% -1.8% 30.5% VERTEX PHARMACEUTICALS 125.12-0.4% 5.7% 57.6% AUTOMATIC DATA PROCESSIN 86.57-0.3% 1.6% 29.0% ALEXION PHARMACEUTICALS 182.76-0.3% -2.5% 40.8% DENTSPLY INTERNATIONAL IN 50.75-0.3% -5.7% 10.7% RENTER & VALUTA Renter Siste I går Endr. 1W 1M 3M YTD 12M Norge - Nibor 3m 1.340 1.340 0.010-0.05-0.16-0.28-0.14-0.30 USA - Libor 3m 0.256 #N/A N/A 0.000-0.00 0.00 0.02 0.00 0.02 Euro - Euribor 3m 0.054 0.054 0.001-0.002-0.026-0.031-0.024-0.246 Norge 10 år stat 1.258 1.258 0.024-0.13-0.38-0.93-0.28-1.57 USA 10 år stat 1.813 1.824-0.011 0.02-0.44-0.45-0.36-0.94 Euro 10 år stat 0.395 0.395 0.033-0.04-0.19-0.50-0.15-1.26 Tyskland 10 år stat 0.395 0.395 0.033-0.04-0.19-0.50-0.15-1.26 Japan 10 år stat 0.263 0.230 0.033 0.04-0.07-0.21-0.07-0.38 UK 10 år stat 1.513 1.513 0.035-0.01-0.37-0.72-0.24-1.26 Valuta Siste I går Endr. 1W 1M 3M YTD 12M 52W H 52W L EUR/USD 1.123 1.124-0.001-0.032-0.092-0.147-0.087-0.244 1.399 1.110 USD/JPY 118.2 118.5-0.270-0.6-2.5 10.4-1.5 15.6 121.9 100.8 GBP/USD 1.509 1.508 0.001-0.005-0.042-0.103-0.048-0.149 1.719 1.495 USD/NOK 7.792 7.804-0.008 0.119 0.335 1.198 0.348 1.648 7.880 5.849 EUR/NOK 8.757 8.772-0.015-0.105-0.309 0.379-0.259 0.350 9.897 8.077 GBP/NOK 11.768 11.773-0.005 0.147 0.194 1.133 0.159 1.572 12.423 9.855 5

DNB Markets ETF/ETP ETF/ETP Endring Endring Endring Endring ET F N avn Kurs 1 dg. i % 5 dg. i % 1 mnd i % 1 år i % Valuta Vo lum A ksjer / Indekser TecDax TDXPEX 14.08 2.0 % 3.0 % 9.7 % 24.7 % EUR 16251 Oil Service OIH 34.14 1.8 % 2.7 % -6.3 % -25.1% USD 4905814 DAX DAXEX 96.37 1.8 % 5.6 % 9.3 % 14.6 % EUR 177354 Bioteknologi IBB 328 1.7 % 3.2 % 7.0 % 37.5 % USD 1310299 S&P Euro 350 IEV 43.5 1.5 % 2.8 % -0.3 % -5.1% USD 758648 Energi XLE 77.76 1.4 % 3.4 % -2.9 % -7.5 % USD 18362051 S&P M idcap 400 M DY 267.69 1.2 % 3.0 % 0.4 % 13.1 % USD 1687333 Japan EWJ 11.59 1.1 % 2.2 % 0.3 % 0.5 % USD 15983664 Russell 2000 Growth IWO 143.15 1.1 % 2.7 % -0.4 % 8.3 % USD 750124 AEX-Nederland AEXT 45.92 1.0 % 5.5 % 7.9 % 17.5 % EUR 6527 Russell 2000 IWM 119.26 1.0 % 2.2 % -1.1 % 6.7 % USD 23006787 Hong Kong EWH 21.71 0.7 % 2.1 % 4.7 % 12.0 % USD 2389663 CAC-40 CAC 46.375 0.7 % 6.5 % 8.3 % 12.3 % EUR 542974 Finansielle tjenester XLF 23.89 0.5 % 1.7 % -4.2 % 13.9 % USD 22411331 Pacific ex-japan EPP 44.48 0.5 % 0.0 % 0.7 % 1.1 % USD 389166 Dow Jones Total market THRK 153.94 0.4 % 2.9 % -1.1 % 14.2 % USD 2830 FTSE 100 ISF 679.5 0.3 % 4.1 % 3.6 % 4.4 % GBp 5525753 S&P 500 SPY 205.45 0.2 % 1.9 % -1.4 % 15.4 % USD 92009711 Industri XLI 56.06 0.1 % 2.4 % -2.3 % 12.4 % USD 6037041 DJIA DIA 176.5 0.1 % 1.0 % -2.0 % 11.7 % USD 3730398 Emerging M arkets EEM 40.78 0.0 % 3.3 % 3.5 % 7.1 % USD 47266132 Forbruksvarer XLP 49.65 0.0 % 0.8 % 0.4 % 20.2 % USD 4428644 Latin-America 40 ILF 32.01 0.0 % 1.2 % 0.9 % -4.1% USD 432977 Forsyningstjenester XLU 49.11-0.1% 1.0 % 1.2 % 29.0 % USD 8129107 Nasdaq 100 QQQ 104.14-0.1% 3.3 % -0.9 % 21.7 % USD 19960870 Teknologi USA XLK 41.28-0.4 % 2.2 % -2.5 % 18.6 % USD 9733510 Brasil EWZ 36.53-0.7 % -0.5 % 0.1 % -8.7 % USD 12156711 Olje / Energi Naturgass NGAS 0.08325-1.2 % -1.8 % -8.8 % -39.6 % USD 6457525 Fyringsolje HEAT 12.835 0.1 % 0.7 % -13.8 % -44.4 % USD 0 WTI-Oil USO 16.87-0.8 % -8.0 % -18.8 % -50.7 % USD 28385056 Brent-olje OILB 29.79-1.1 % -1.1 % -21.1 % -56.5 % USD 59636 Råolje CRUD 12.06-1.2 % -4.9 % -18.6 % -49.6 % USD 12830880 WTI-olje OILW 25.29-1.2 % -4.8 % -18.7 % -49.5 % USD 2918 Bensin UGAS 26.59-1.3 % -1.3 % -13.5 % -47.2 % USD 10500 M etaller Sølv SLV 17.13-2.2 % 1.1 % 11.6 % -9.3 % USD 8168797 Nikkel NICK 15.55 3.3 % 1.4 % -4.5 % 1.0 % USD 80423 Aluminium ALUM 3.318 1.9 % 2.6 % -0.2 % 0.1 % USD 103482 Sink ZINC 6.59125 1.4 % 2.8 % -1.8 % 2.8 % USD 69944 Kobber COPA 25.76 1.1 % -1.6 % -11.4 % -22.9 % USD 94877 Bomull COTN 1.938 0.7 % -2.6 % -6.4 % -26.7 % USD 203018 A ndre råvarer Svinekjøtt HOGS 0.7965 0.6 % -7.7 % -13.9 % -21.3 % USD 0 Kaffe COFF 2.033 0.8 % -6.0 % -5.5 % 27.8 % USD 117170 Soyabønner SOYB 22.155 0.0 % -1.5 % -6.2 % -10.4 % USD 19100 Sukker SUGA 11.65-0.4 % -1.4 % 2.7 % -21.0 % USD 73941 M ais CORN 1.314-0.8 % -0.7 % -7.4 % -18.5 % USD 360750 Råoljer AIGO 14.345-1.0 % -2.3 % -17.5 % -49.9 % USD 100 Kveg CATL 7.3113-1.3 % -4.0 % -7.8 % 5.5 % USD 0 Soyaolje SOYO 4.245-1.7 % -6.7 % -3.3 % -19.5 % USD 1246 R åvarekurver Energi AIGE 5.29-0.8 % -2.2 % -14.3 % -46.5 % USD 360140 Industrimetaller AIGI 11.66 1.9 % 0.3 % -5.9 % -10.0 % USD 146495 Softs (Sukker, Kakao, Bomull) AIGS 4.885 0.5 % -2.0 % -0.4 % -5.7 % USD 0 Ex-Energi AIGX 9.68375 0.0 % -0.8 % -2.9 % -8.3 % USD 29 Landbruk AIGA 6.0275-0.3 % -1.7 % -6.2 % -11.3 % USD 398595 Råvarer AIGC 10.285-0.3 % -1.6 % -5.9 % -20.9 % USD 68296 Korn AIGG 4.6915-0.6 % -1.3 % -9.6 % -14.7 % USD 0 Buskap AIGL 3.4505-0.6 % -5.4 % -9.9 % -4.4 % USD 4490 Edle metaller AIGP 17.9325-1.0 % 0.4 % 9.8 % -2.5 % USD 65318 6

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