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Thursday 03rd of March 2011
July 10, 2009    

Emerald Energy adds 10 percent on FTSE 250

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by Elaine Frei
Emerald Energy adds 10 percent on FTSE 250

European equities markets fell Friday on continuing worries about economic recovery.

The FTSE 100 was down 0.76 percent to 4,127.17 in London, while the FTSE 250 was 0.53 percent lower to 7,195.31.

Oil explorer Emerald Energy (LSE: EEN) had the best day on the 250 as it added 10.12 percent while food retailer Tesco (LSE: TSCO) added 2.49 percent for the biggest gain on the 100.

The FTSE Eurofirst 300 was down 1.08 percent to 814.43 while the IBEX fell 1.04 percent to 9,344.9, the Dax was 1.16 percent lower to 4,576.31 and the CAC-40 dropped 1.42 percent to 2,983.1.

Markets in the Asia-Pacific region were mixed on the session.

In Tokyo, the Nikkei 225 was down 0.04 percent to 9,287.28, falling 5.4 percent during the week, while the Topix index was 0.16 percent lower on the session to 872.5 and dropped 5.2 percent in the week.

The Mothers market was down 3.21 percent to 430.73.

Other decliners in the region included the Kospi, which fell 0.16 percent to 1,428.62 while the Shanghai composite was down 0.29 percent to 3,113.93, the Hang Seng was 0.46 percent lower to 17,708.42 and the Sensex dropped 1.84 percent to 13,504.22.

The Straits Times Index was up 0.02 percent to 2,307.98 and the Taiex added 0.32 percent to 6,769.86 while in Australia the Sydney Ordinaries gained 0.78 percent to 3,790.6 and the S&P/ASX200 was 0.82 percent higher to 3,794.1.

The Dow Jones Industrial Average was down 0.77 percent to 8,120.14 in midday trade in New York, while the Nasdaq Composite was 0.24 percent lower to 1,748.26 and the S&P 500 had dropped 0.69 percent to 876.56.

Crude oil and metals prices were lower on the session, but grains prices were mixed in afternoon trade in Chicago.

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