Norway wealth fund posts $138 bln profit lifted by AI stocks-July 2024-www.financetom.com

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Norway wealth fund posts $138 bln profit lifted by AI stocks

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Norway wealth fund posts $138 bln profit lifted by AI stocks

Aug 14, 2024 12:21 AM

ARENDAL, Norway, Aug 14 (Reuters) - Norway's $1.7

trillion sovereign wealth fund, the world's largest, posted a

profit of 1.48 trillion Norwegian crowns ($138 billion) in the

first half of the year, driven primarily by tech stocks, the

fund said on Wednesday.

($1 = 10.7122 Norwegian crowns)

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