Shares in European oil producers, miners and other companies with large exposures to Gabon plummeted on Wednesday after a military coup raised concerns over their operations in the resource-rich African country. London-listed oil producer Tullow Oil fell as much as 12% in afternoon trading, while French energy companies TotalEnergies Gabon and Maurel et Prom and miner Eramet all dropped by more than 20% at one point. 'Shares are reacting to concerns over the backdrop in Gabon,' said Investec equity analyst Alex Smith in London.
The Brookfield stocks are impressive, but which is the best when it comes right down to it? The post Which Brookfield Stock Is the Best to Buy? appeared first on The Motley Fool Canada.Shares in Better Home & Finance tumbled 93% in their first day of trading after combining with a SPAC to go public.
TOKYO — Asian shares rose Wednesday, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings. Japan's benchmark Nikkei 225 added 0.9% in morning trading to 32,529.72. South Korea's Kospi rose 0.6% to 2,567.44. Hong Kong's Hang Seng gained 0.4% to 18,563.39, while the Shanghai Composite inched up less than 0.1% to 3,137.72. Australia's S&P/ASX 200 jumped 1.4% to 7,310.
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Europe Markets Reverberate From Gabon Coup as Bonds, Shares Fall(Bloomberg) -- Gabon’s international bonds sank the most on record and shares of European companies operating in the West African country tumbled as a military coup spooked investors chasing the nation’s oil sector and conservation projects.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsSingapore Money Laundering Case Embroils City’s Banking G
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Europe Markets Reverberate From Gabon Coup as Bonds, Shares FallGabon’s international bonds sank the most on record and shares of European companies operating in the West African country tumbled as a military coup spooked investors chasing the nation’s oil sector and conservation projects.
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Situation in Gabon, West Africa a big issue for EuropeTOLEDO, Spain (Reuters) - European Union defence ministers are to discuss the situation in Gabon, foreign policy chief Josep Borrell said on Wednesday, ...
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Situation in Gabon, West Africa a big issue for EuropeTOLEDO, Spain (Reuters) - European Union defence ministers are to discuss the situation in Gabon, foreign policy chief Josep Borrell said on Wednesday, ...
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French miner Eramet suspends its operations in Gabon, shares sinkEramet shares were down 16% at 65.70 euros by 1410 GMT. They fell as low as 59.75 euros in earlier trade
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Bunzl's Profit Beat, Acquisitions Boost Shares: The London RushBunzl raised its full-year profit guidance and said revenue should be slightly higher than last year, driven by 12 acquisitions announced since January. That gave the London-based firm’s shares a boost at the open. Before today, the stock had lost by 16% since its April peak as inflation-driven price tailwinds for its products started to fade.
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