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Salmon Stocks Ignore Billionaire Selloff Amid Fish Rally: Chart

Two of the salmon industry’s biggest investors, led by billionaire John Fredriksen, last month dumped shares for 5.4 billion kroner ($654 million). But the selloff hasn’t interrupted the surge in fish-farmer stocks listed in Norway, the world’s biggest producer. Salmon prices have jumped by almost half over the past year and have reached records, supported by a reduction in supply following an algae bloom outbreak in Chile, the world’s second-biggest producer. The 11-member Oslo Seafood Index traded at a record high this week after rising more than 400 percent since a 2011 low.

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