|
|
|
| Equity Market News | 05th July 2008 | |
Equity Org Headlines:Crude prices gain but precious metals declineBarratt announces 1,000 job losses Investment banking jobs get the chop at Goldman and Citigroup ECB raises Eurozone interest rates 7,000 jobs to go at American Airlines General Motors shares slump to 54-year low Crude oil, copper in new highs M&S warns of tough times ahead Taylor Wimpey fails to secure funding, shares fall 46% USD, pound weaken |
30/09/05London equity markets make small gainsIn London equities markets on Tuesday, good news in the pharmaceuticals sector helped the FTSE 100 to gain 0.5 percent to 5,255.8. The FTSE 250 was up as well, by 0.3 percent to 7,722.4. Volume amounted to 2.2 billion shares traded. AstraZeneca gained 2.1 percent to £25.31 on the news that a study out of the University of California at Los Angeles showed that treatment by a cholesterol-lowering statin in the first 24 hours after a heart attack lowers the risk of mortality by 4 percent. AstraZeneca’s statin drug, Crestor, currently has a current 6 percent market share for statins in the US, and investors hoped that the study will help the company reach its target of gaining 20 percent of the market. Also in the pharmaceuticals sector, GlaxoSmithKline gained 1.8 percent to £13.32 on reports that it may be one of the bidders for Boots’s Healthcare International. Higher crude oil prices sent oil shares up, as BP gained 2 percent to 622p and BG Group was up 2.1 percent to 492p. Steel company Corus added 2.2 percent to 47¼p when Morgan Stanley raised the forecast for the company’s earnings per share this year by 8 percent to 9.6p. Meanwhile, toy company Character Group gained 15 percent to 57½p on the news that its new Doctor Who toys, including a radio-controlled Dalek, will be in the shops this week. |
CategoriesArchives
Property for sale in Egypt
Overseas investment property for sale in Egypt.
Triton showers
Discounted Triton showers for the shower & bathroom
Spy camera
Spy cameras at great prices
Fire lighter
Fire lighter gift and other gift ideas.
Business ADSL UK
Discount business ADSL services for UK business.
Paper folders
Great deals on paper cutters
Sell home quickly
How to sell your home quick for cash.
Fax machines
Fax machines at warehouse prices
We buy mobile phones
We buy mobile phones for cash and recycling.
|
|
Equities Org copyright 2005 Central Consultants: All Rights Reserved |
||