Share Prices News Page 6

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...

Malaysian palm oil company Felda has seen its shares surge during its debut as investors gamble on rising demand for its regional product. The company’s shares went up as much as 20 percent, reaching 5.46 ringgit on Bursa Malaysia, the Malaysian stock exchange. The firm had generated 10.4 billion ringgit through its share sale--the...

For the first time, shares for Qantas Airways have dropped below the Australian dollar mark, following ratings agency Standard & Poor's decision to review the airline for a possible downgrade. Stakes in Australia's biggest carrier dropped 8.5 percent to 97 cents, prior to slightly recovering to 99 cents. The airline said that profits...

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, in response to strong demand, social network Facebook has announced plans to sell 25 percent more shares than initially planned in its flotation. The decision comes one day following the company’s announcement that it would raise its share prices by 21 percent, increasing it to between $34 to $38 per share. The...

As reported by the BBC, world stock markets have dropped on fears over the health of the US and EU economies. In Europe, shares dropped after a unsatisfactory Spanish bond sale. French and German shares fell nearly 3%. The European Central Bank says it will not roll back austerity measures to tackle the EU debt crisis, which is adding to...

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,...

As reported by the BBC, Randgold Resources shares have dropped nearly 13 percent following Mali’s military coup. The firm has three gold mines in the country, which account for the majority of its gold production. The firm says operations at Gounkoto and Loulo, as well as its Morila joint venture, are running normally. Renegade soldiers...

As reported by Reuters, market shares in BP increased less than many analysts had expected after the oil giant finalised a settlement worth around $7.8 billion with firms and individuals hit by the oil spill on the Gulf of Mexico. Investors said the legal settlement was generally lived up to expectations, but the reduced legal...