Investments and investor services
Chinese turmoil sparks share carnage in London
The Footsie fell 115 points to 6126 on downbeat Chinese manufacturing data
Company
LON:CNE
Capricorn Energy PLC is one of Europe’s leading independent upstream energy companies, headquartered in Edinburgh, UK. Historically it has discovered, developed and produced oil and gas in multiple settings throughout the world.
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Investments and investor services
The Footsie fell 115 points to 6126 on downbeat Chinese manufacturing data
The well results as “significant” by Cairn CEO Simon Thomson who says they demonstrate that the reservoirs are able to flow at commercially viable levels.
Investments and investor services
The FTSE100 ended the day almost 15 points lower to 6,223.
The FTSE100 was around 30 points higher at 6,267 with aerospace engine maker Rolls Royce leading the way.
Investments and investor services
The Footsie rose 30.9 points to 6269.19 while mainland European markets also gained
88 Energy, Cairn Energy and Lekoil also had news out this week
Investments and investor services
Stratmin Global, Tertiary Minerals and Fastjet also had news out on Friday
It will be working with Sunbird Bioenergy, a specialist in the field.
Investments and investor services
The shooting-down of a Russian jet by Turkey unsettled traders
The FTSE 100 Index dropped 79.95 points to 6225 at lunchtime
Investments and investor services
Concern about higher fuel costs hit shares in airlines
UK shares are tipped to start lower on Tuesday as trader sentiment is dented by commodity price falls and losses in the US overnight...
Investments and investor services
MP Evans, DekelOil, Tullow, Cairn, EnQuest, SOCO, Standard Chartered, and Marks & Spencer are in Thursday’s broker spotlight
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Deutsche Bank leads the way with a swathe of price target reductions across the mid-cap oil explorers and producers.
Property and investment stocks are replacing miners and oilers in Footsie
Investments and investor services
The FTSE 100 ended 24 points down to 6,526 today as miners and oil stocks weighed.
Chinese shares started on a cautious tone before aggressive sellers appeared in the afternoon.
Below are the main news driven share price movements at 4.30pm.
The oil price does have some bearing on large explorers such as Cairn – evidenced by the fact the shares have fallen 14% in the past year; however, they are really made or broken by their ability to find oil