Cyprus Mail13 Aug 2026

Tech stock rally drives Norway wealth fund to record $184bn half-year profit

Tech stock rally drives Norway wealth fund to record $184bn half-year profit

Norway’s $2.3 trillion sovereign wealth fund, the world’s largest, posted a record profit of 1.75 ​trillion Norwegian crowns ($184.3 billion) for the first half of the ​year, lifted by technology stocks, it said this week.

Investing ⁠the Norwegian state’s revenues from oil and gas production, the fund ​owns on average 1.5 per cent of all listed companies globally, making it the ​world’s largest single investor....

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