Shares News

Geoff Foster, Daily Mail3 January 2008, 8:01am Inflation-busting rail and tube fare increases of up to 14.5% gave dealers the hump as they made their way to the office for the first trading session of 2008. WANT TO KNOW MORE? Stock market winners and losers in 2007 Daily Mail share tips for 2008 OTHER STORIES Market report: Thursday preview Market report: Wednesday close Daily  ...

Daily Mail3 January 2008, 8:09am Vote | Calculate Oil soared through the $100-a-barrel mark last night, stoking fears of higher petrol prices and rampant inflation. WANT TO KNOW MORE? Rebel attacks push oil past $100-a-barrel City experts: Financial forecasts for 2008 Economy set for a bumpy ride in 2008 City focus: Scorching prices burn economy POLL: Will the UK go into recession - two quarters without economic growth - in 2008? OTHER STORIES Santander bid hope ...

SHANGHAI (XFN-ASIA) - China B-shares closed higher with machinery and textile stocks leading the gains as investors shrugged off the early losses due to Wall Street's weaker close, dealers said. Shanghai Diesel Engine Co Ltd (SHA 600841; SHB 900920) surged 0.126 usd or by the 10 pct daily trading limit to 1.388 after Hong Kong-listed Shanghai Electric Group Co Ltd announced it will sell its entir ...

SHANGHAI (XFN-ASIA) - China A-shares closed higher after PetroChina and steelmakers rebounded strongly in late trade, pushing the key index back over 5,300 points, dealers said. The market shrugged off early losses due to sharp falls in the US market following weak manufacturing data and a spike in oil prices. The benchmark Shanghai Composite Index closed up 47.05 points or 0.89 pct at 5,319.86. ...

SHANGHAI (XFN-ASIA) - China B-shares closed higher with machinery and textile stocks leading the gains as investors shrugged off the early losses due to Wall Street's weaker close, dealers said. The Shanghai B-share Index rose 4.44 points or 1.21 pct to 371.66 on turnover of 779.92 mln usd, while the Shenzhen B-share Index was up 5.84 points or 0.82 pct at 722.16 on turnover of 548.56 mln hkd. & ...

SEOUL (Thomson Financial) - South Korean shares closed little changed Thursday, recouping nearly all early losses as investors decided the selloff was enough for the day and began hunting for bargains in last-minute trade. Early sentiment was weighed down by Wall Street's fall after oil prices rallied through the 100 dollars a barrel level and weak US manufacturing data ignited fears on Wall Str ...

LONDON (Thomson Financial) - Shares in Island Oil & Gas PLC jumped in early morning trade on news Supernova Ireland Resources BV, a member of Netherlands-based Bluewater Group, exercised its exclusive farm-in option for 10 pct equity in the Frontier exploration licence, which includes the Connemara oil field and other prospects. The company announced this morning that Supernova purchased 3.75 ...

LONDON (Thomson Financial) - Acambis shares added 1.65 pct in early morning deals after the UK vaccine specialist reported positive early stage trial results for its influenza vaccine ACAM-FLU-A, which it says could be effective against all pandemic influenzas, removing the costly and time-consuming need to reformulate the vaccine each year. Acambis also said that, in parallel with the Phase 1 tr ...

HONG KONG (XFN-ASIA) - Share prices closed sharply lower, mirroring falls on Wall Street and in the region as weak US manufacturing data and a spike in oil prices sparked fresh global economic jitters. Dealers noted that selling pressure was spread across several sectors, with only a few blue chips such as MTR Corp and Hutchison Whampoa spared. Chinese gold miners also bucked the market's downtr ...

FRANKFURT (Thomson Financial) - German research institute DIW sees oil prices doubling to 200 usd per barrel within the coming 10 years, DIW's head of department for energy, transport and environment Claudia Kemfert told Berliner Zeitung. "Oil reserves are becoming scarce, and that will drive up prices further," Kemfert told the newspaper. Within five years, oil prices will likely reac ...