MARKET TALK: Cost To Insure BP Spikes On Six-Notch Downgrade

15th Jun 2010 15:54

1452 GMT [Dow Jones] The cost to insure BP PLC (BP) rises dramatically after Fitch downgraded the company's long-term issuer default rating six notches to BBB, just above junk status. BP CDS at 495 BP rising from 440 BP, according to Markit. ([email protected]) Contact us in New York. Darlene Ross, 212 416-2166; [email protected] (END) Dow Jones Newswires June 15, 2010 10:54 ET (14:54 GMT)

Top Risers

Share	Price	Change
Itim Grou (ITIM)	27.50	34.15%
Getech Grp (GTC)	4.35	14.47%
Forgent (FORG)	0.0085	13.33%
Pulsar Group (PULS)	19.50	11.43%
Fonix (FNX)	190.50	11.4%

Top Fallers

Share	Price	Change
Sunda Energy (SNDA)	1.55	-43.64%
Mothercare (MTC)	0.12	-33.33%
Petro Matad (MATD)	0.875	-27.39%
Skinbiotherap. (SBTX)	6.25	-16.67%
Beowulf Mining PLC (BEM)	6.50	-10.34%

Top By Volume

Share	Price	Volume
Forgent (FORG)	0.0085	451,559,419
Premier African Minerals (PREM)	0.00625	361,736,446
Buccaneer Ergy (BUCE)	0.012	271,799,479
Nativo Resources (NTVO)	0.385	244,176,228
Tower Resources (TRP)	0.0135	143,875,320

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