July 28, 2010

Share Prices Gained on Tuesday 1.32%

MADRID - The Ibex-35 index of the core values of the Madrid Stock Exchange gained 138.30 points on Tuesday (+1,32%), to stand at 10 645 points at the end of the session lively upward again by banking securities.

On Monday he had gained 1.14% to 10506.70 points.

In the banking sector, all values closed green numbers, published four days after European solvency tests, overcome by all banks, while five savings banks, which unlisted, were unsuccessful.

The third Spanish bank, the People, posted the highest increase of the meeting (+7,68% to 5.18 euros), following the publication of its first half results, moving to other Spanish banks.

Other bank stocks also closed higher: the industry leader, Santander, which will publish its results on Wednesday, closed higher 1.96% to 10.42 euros, while the second, the BBVA for communication Tuesday, gained 4.76% to 10.57 euros.

Bankinter shot up 2.82% to 5.79 euros, Banco Sabadell gained 4.18% to 4.40 euros and Banesto rose 3.83% to 7.88 euros.

Among the energy stocks, the Argentine oil group Repsol YPF won Hispanic 0.54% to 18.46 euros, the first Endesa did it in 0.58% to 19.01 euros, but instead gave up 2.19% Natural Gas to 12.97 euros.

The telecommunications giant Telefonica closed higher 0.51% to 16.88 euros, while Iberia Airlines won 0.73% to 32.63 euros.

- Written By Rameshan C M -


Argentina Coach Maradona Dismissed

Football idol Diego Maradona has been dismissed as coach of the two-time world champion Argentina. A spokesman for the National Association AFA AFA confirmed the decision of the Executive Committee, after negotiations between the World Cup captain from 1986 and Association boss Julio Grondona on Monday remained inconclusive. The South Americans were eliminated in the World Cup finals in South Africa in the quarterfinals with a 0-4 against Germany. A successor, the association was not yet known. Read this article further

Maradona had said before, although the two-hour meeting with Grondona after lengthy consideration its willingness to continue his commitment, but it made the further cooperation with his assistant to the condition. "If they want to my staff, I'm gone," the coach said in a TV interview. However Grondona insisted on a clear separation of Mancuso Alejandro and Hector Enrique.

- Written By JohnSon -


Active Bus Bomb in Afghanistan: 25 Deaths

A crowded bus passed Wednesday on a bomb on a highway in southern Afghanistan and the blast killed 25 passengers and wounding 20, Afghan officials said.

A government spokesman in the province of Nimroz Nazir Ahmad, said the vehicle was traveling on Wednesday morning by a major highway to the capital, Kabul, when he came across the bomb in the vicinity of Delaram, an unstable zone near the provinces of Helmand and Farah.

- Written By Vimal -


At Least One Killed In A Plane Crash In Pakistan

A Pakistan passenger plane with over 150 people aboard crashed Wednesday on a hillside near the capital, Islamabad, a spokesman for the office of aviation.

An official said that so far have recovered a body.

The aircraft belonging to private airline Airblue lost contact with the control tower Islamabad International Airport at 4:43 GMT, when flying from the city of Karachi in the south of the country.

"There were 146 passengers and six crew on board. We are gathering information. We have no details," he told Reuters Mubarik Shah, spokesman for the Civil Aviation Authority operated by the state.

A thick cloud of smoke rose over the Margalla Hills near Islamabad, and a helicopter flew over the place in a persistent rain.

"It was raining. I saw the plane flying low through the window of my office," said Khadim Hussain, witnessed the event.

The cause was not yet known.

- Written By Rekhilesh -


 

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