Share Price News News Page 3

Asia Pacific Breweries has seen its share price climb by 17 per cent on the Singapore Stock Exchange to hit 49 Singapore dollars each. The Tiger beer maker has received a takeover bid by Heineken which wants to pay S$50 per share for the stake in the company it does not already control. APB, One of the largest brewers in Asia, is currently...

Indian-based car manufacturer Maruti Suzuki has closed its plant in Manesar after clashes last week left 85 people injured and one official dead. The violence and subsequent closure has seen shares in the joint operation between Suzuki Motor Corporation and Maruti tumble by five per cent. The firm’s chairman, RC Bhargava, said at the...

A decision by the central bank of South Korea to slash interest rates has resulted in a share price drop across Asia. The shares index of the South Korea Kopsi fell by 2.2 per cent as interest rates were reduced from 3.25 per cent to 3 per cent. The decision has caused analysts to suspect that the economic situation in the country has...

Burberry, the fashion group, has announced that a growth of sales in the Asian market has led to a boost in revenues for the last quarter. For the three months ending in June the company said it had increased revenue by 11 per cent to £408 million. However, Burberry shares have fallen in value by 7.4 per cent because the growth fell short...

Better than expected manufacturing figures between China and the UK and Europe have helped to push stocks in the UK to and eight week high. An announcement that it may be about to sell off various divisions saw insurer Aviva Plc shares gain 3.7 per cent. Barclays Plc saw shares jump by 3.4 per cent following the resignation of Chairman...

The start of the third quarter of the year has been greeted by a rise in share prices in Asia. The lift comes on the back of an agreement in Europe that leaders will shore up the zone’s banks. However, some early gains by the euro were lost as concerns persisted over the continuing debt crisis. Following a surge of 2.7 per cent on...

Following reports that Qantas had chosen the Macquarie Group to protect against any takeover bids, the Australian airline’s shares surged 13 percent on the Australian Securities Exchange to A$1.1. Qantas shares have dropped by over 40 percent during the past year, plunging to a low record of A$0.96, amid a drop in profits last week. The...

Shares in Facebook finished below the price where they were floated, amid concerns that the newly-listed firm can truly live up to investor expectations. The shares first appeared on the Nasdaq exchange at $38 on Friday, but finished down by 11% on Monday. Some experts said that shares would have dropped on Friday if underwriters had not...

As reported by the BBC, social network giant Facebook has valued share prices for its highly-anticipated share flotation. The company announced on Thursday that it had priced shares at $38 each, and would begin trading them in New York on Friday. At this value, the eight-year-old company will be worth $104 billion. Demand is expected to be...

As reported by the BBC, Fedex shares dropped 4% after the firm said its financial recovery is not as positive as it had initially hoped. The delivery company giant said that rising fuel costs were prompting customers to send goods via land rather airfreight. However, the company showed a strong performance during the third quarter,...