Saudis open to oil compromise
Saudi Arabia gave the strongest indication yet it's ready to compromise with regional rival Iran.
Floats & IPOs
| Code | Company Name | Expected Float Date | Issue | Expected Close Date |
|---|---|---|---|---|
| APL | Antipodes Global Investment Company Limited | 14/10/2016 | 1.10 | 30 Sep 2016 |
| BEE | Broo Ltd | 12/09/2016 | 0.20 | 29 Aug 2016 |
| CFO | CFOAM Limited | 29/07/2016 | 0.20 | 15 Jul 2016 |
| CPH | Creso Pharma Limited | 12/10/2016 | 0.20 | 05 Sep 2016 |
| DAV | Davenport Resources Limited | 27/10/2016 | 0.20 | 05 Oct 2016 |
Stock Watch
Finland's 10-yr yield turns negative
Finland is now the third euro zone sovereign to see its 10-year borrowing costs turn negative.