Nice way to get the share to new highs which may also explain amp jump as well ; Shares in HBOS fell more than 2 percent in opening trade, dented by fresh talk that it may bid for Australia's fifth largest commercial bank. But the shares regained some poise to nurse a smaller 0.6 percent drop after a source familiar with the situation said the British bank was not interested in St George Bank.
But BHP Billiton headed in the opposite direction, tracking gains by the mining sector in Australia overnight after copper prices rallied. The company announced plans to develop its Stybarrow oil field near Exmouth off Western Australia, with first production scheduled for the first quarter of 2008.
Rio Tinto (RIO.L: Quote, Profile, Research) and Anglo American (AAL.L: Quote, Profile, Research) both added more than 0.5 percent each.
SGB
st george bank limited
Nice way to get the share to new highs which may also explain...
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