ISEQ and Company Update, 25-Dec-2009
Posted by Senan Coleman | 27 December 2009
Market update
ISEQ Week Open: 2927.19, Week Close: 2989.28
AIB
- Shares in the big bank take a hit after central bank governor Patrick Holohan said that state ownership is an increased likelihood. David McWilliams also makes the case for bank nationalisation (or more specifically, bank sale to European big banks) in today's (Sunday Dec-29) Sunday Business Post.
- Source: RTE's Week In Politics programme.
- Also this week, shareholders vote overwhelmingly to approve the instatement of NAMA to 'cleanse the books'.
Kenmare Resources
- Announces that it has entered into a Deed of Final Settlement and Release with Multiplex Bateman Joint Venture, who were employed as contractor to build the Moma Titanium Minerals Mine in northern Mozambique.
- Source: http://www.kenmareresources.com/news/press/2009/23_12.asp
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