Wednesday, 19th June 2013

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Ophir Energy spuds first Ghananian well

Wed 19th Jun 13, 07:43

FTSE 250-listed Africa-focussed upstream oil and gas resource company Ophir Energy has announced the spud of the Starfish-1 well in the Ophir-operated Offshore Accra PSC.

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Market overview: Stocks lower ahead of Mansion House speech and Fed

0840: London has begun the day lower, as traders take positions ahead of this morning´s release of the minutes of the last meeting of the MPC, not to mention tonight´s critical US Federal Reserve policy meeting. Even more important for UK stocks will be the Chancellor´s Mansion House speech, tonight, at about 8PM, and what he has to say about the re-privatisation of Lloyds and RBS. FTSE 100 down 44 to 6,330. 27 minutes ago

Support and resistance levels for the main securities

Euro/Dolar: 1.3243/1.3711. Ftse 100: 6,205/6,480. S&P 500: 1,598/1,687. 1 hour ago

Pursuit Dynamics sells atomiser patent rights

AIM-listed fluid technology firm Pursuit Dynamics has entered into an agreement to assign its Atomiser patent rights and certain related know-how to Tyco Fire & Security. 2 hours ago

London pre-open: Tentative start expected as markets wait for Fed meeting

Stocks are expected to open with only small gains on Wednesday morning as nervous investors refrain from building positions ahead of the Federal Reserve policy announcement after the market-close this evening. 2 hours ago

Micro Focus reports annual profit rise

Micro Focus International reported a rise in annual pre-tax profits as the software products group kept a tight rein on costs. 2 hours ago

Berkeley ramps up full year profit

FTSE 250 house building company Berkeley Group reported a 26 per cent hike in annual pre-tax profit and issued a further interim dividend following strong housing demand in London and the South of England. 2 hours ago

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