ODD LOTS
ODD LOTS
Den norske Bank reports net gains on foreign exchange and financial instruments of NOK350 million ($45.2 million), an increase of 66 per cent on revenues for the first quarter of 1998, when the bank earned NOK211 million ($27.7 million). A statement released with the results notes the "particularly good results from trading in interest rate and foreign exchange instruments". Results were converted using the closing rates of NOK7.7480 for March 31, 1999, and NOK7.6230 for March 31, 1998.
Liffe
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