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TRADING UPDATES: Beximco s India jab mire; Lamprell gets Aramco deal
Wed, 28th Apr 2021 14:04
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Beximco Pharmaceuticals Ltd - Bangladesh-based generic pharmaceutical products and active pharmaceutical ingredients maker - Says agreement with Bangladeshi government and Serum Institute of India Pvt Ltd to deliver 30 million vaccine doses to Bangladesh is hit by India jabs export ban. Does not expect SII to be able to deliver remaining 23 million doses by end of June as India places ban on vaccine exports as cases there surge. The company will collaborate with SII to provide a revised supply schedule once the temporary export controls are relaxed. The expected positive impact on the current financial year, as outlined in the announcement on 5 November 2020, may therefore be mitigated, Beximco says. In addition, Beximco Pharma confirms
Province Resources and Zip were among the most traded ASX shares last week
James Mickleboro | April 27, 2021 3:34pm |
More on: Image source: Getty Images
Australia’s leading investment platform provider CommSec has released data on the most traded ASX shares by volume on its platform from last week.
Here’s the data:
Zip’s shares were the most traded shares among CommSec investors last week for the second week in a row. The buy now pay later provider’s shares accounted for 2.2% of trades over the five days. Approximately 58% of these trades came from buyers, who will have been disappointed to see the Zip share price sink 5% during the week. This may have been due to profit taking after a strong gain a week earlier following its third quarter update.
TRADING UPDATES: Rainbow Rare Earths Burundi exports suspended
Wed, 14th Apr 2021 21:40
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Rainbow Rare Earths Ltd - rare earth metals projects in Burundi and South Africa - Notes suspension order from Burundi government on the export of concentrate produced from trial mining and processing operations at its Gakara project in Burundi, which is focues on bastnaesite and monazite. Says development does not impact on Rainbow s ongoing exploration, trial mining and processing operations. Whilst we are currently uncertain of the origins of this development in Burundi, I am in Burundi, undertaking ongoing, constructive discussions with the Ministry and other stakeholders to resolve this issue and allow exports to recommence. Whilst we have suspended the shipment of concentrate from Gakara, we plan to continue to conduct exploration, trial m