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  • NOREX And The Baltic Exchanges Put Co-Operation On Hold

    Date 28/05/2001

    NOREX and the exchanges of Lithuania and Riga have discussed their future relations and come to a joint conclusion that the preconditions for a mutually beneficial alliance are no longer as convincing as earlier. <

  • Deutsche Börse: Stock Split On June 1 - Ten New Shares For One Old Share

    Date 28/05/2001

    The 10-for-1 stock split that the shareholders of Deutsche Börse approved at their general meeting on May 3 will be carried out on June 1. This will increase the number of Deutsche Börse AG shares tenfold, as the company reported, from the current 10,276,000 to 102,760,000 shares. Accordingly, on June 1 the calculated stock exchange price per share is expected to drop to about one-tenth of the price per share before the stock split.

  • Botswana Stock Exchange Market Commentary

    Date 28/05/2001

    The market rose 1.3% on the back of excellent results from BIHL in what was otherwise a lacklustre four day trading week. The insurer was duly rewarded on its strong year end results as it jumped 6.9% or 90t to P13.85 on 19,458 shares immediately upon release of its results.

  • Botswana Stock Exchange Company news

    Date 28/05/2001

    BIHL once again posted impressive results for the full year to 31st March 2001. Recurring premium income was up a good 22% at P229.8m, with individual life showing strong growth of 32% at P162.7m. Total premium income, up 31% to P274.5m, was aided by growth of 119% to P44.7m in single premium income. However, total income was marginally down by 8% to P469m due mainly to lower unrealised investment returns, which fell 56% to P92.3m. The classification between realised and unrealised return from o

  • US CFTC Issues No-Action Letter For S&P/TOPIX 150 Index Features

    Date 25/05/2001

    The Tokyo Stock Exchange ("TSE") will launch S&P/TOPIX 150 Index Futures ("Futures") on June 11, 2001.