UK EQUITIES

World Equities News

Equities Org UK

Mortgages, insurance, and loans for the self-employed and students

Equities Org equities news has moved!

How to quickly sell your house

London equity markets make small gains

Eurofirst highest since May 2002

Eurofirst makes small gains as Xetra Dax down

Eurofirst slightly higher as elections approach

London strong on double witching hour

NYSE sees little movement on investor caution

European equities investors worried by elections

NYSE equities down on economic data

Nikkei down on post-election profit-taking

Nikkei down on post-election profit-taking

Economic concerns hit Eurofirst and Xetra Dax

Japanese elections boost Tokyo indices

Xetra Dax sees fall in Allianz

Utilities focus on FTSE

Dow Jones sees little movement

Analysts suggest Katrina will stimulate economy

Investors settled by Japanese polls

Banking and utilities see gains on Eurofirst

FTSE makes small gains on mergers

Investors consider construction boom after hurricane

Investors wait in Sunday's election

Eurofirst drops from 38-month highs

UK Equities down despite monetary policy decision

London FTSE makes only small gains

Investors consider Katrina economy impact

FTSE gains to three-year high





22/07/05

Permalink 06:43:25 pm, Categories: Markets, 237 words  

Royal Dutch Shell shares cause slight confusion in London

In the London equities markets, the FTSE 100 closed the week at 5,241.8, up 0.4 percent for the day and 0.2 percent for the week. The FTSE 250 ended the day Friday at 7,495.8, also up 0.4 percent for the day and 0.3 percent on the week.

It was a week of some confusion as Royal Dutch Shell began trading as a single entity but still has two share quotes on the London Stock Exchange. Shares from the Dutch portion of the company are now listed as “A” shares, and shares from the UK portion of the business, Shell Transport & Trading, are now known as “B” shares. The “A” shares were down 0.3 percent on Friday to close at £17.48 and “B” shares fell 0.2 percent to £17.95.0.2 per cent to £17.95.

Offshore Hydrocarbon Mapping lost a huge 32.7 percent on a Patent Office ruling against it and in favor of Statoil over data collection and analysis in the detection of offshore oil and gas reserves. Shares in OHM closed at 144p.

Among a number of rumors on takeovers, plasterboard manufacturer BPB gained 6.9 percent to 693 ½p on top of a 26.5 percent gain on Thursday as French company Saint-Gobain announced that it has approached BPB with the goal of acquiring the company.

Analysts said that a number of factors will affect the outcome of the bid, including how much of a dilution in the value of shares BPB’s shareholders will accept and how attractive shareholders consider the offer to be.

Permalink



Syndicate this blog XML

 

UK Equities Copyright 2005 Central Consultants: All Rights Reserved