OSLO: Norway's $1.4 trillion sovereign wealth fund, one of the world's largest investors, on Friday posted a profit of 893 billion Norwegian crowns ($83.89 billion) for the first quarter of 2023, boosted by a rise in the value of its global stock portfolio.
"The rise of the equity market was to a great extent driven by the technology and consumer discretionary sector," the fund's deputy CEO Trond Grande said in a statement.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
