Independent journal on economy and transport policy
19:43 GMT+2
Kvaerner Shares Hit Rock-Bottom
(MaritimeToday.com)
August 16, 2001
Shares in engineering and construction group Kvaerner plunged to their lowest level since 1986 on Thursday after market sources said Nordic investment bank Carnegie downgraded the firm.
Kvaerner was trading at 47.50 crowns per share, down 3.5 crowns, when the Oslo bourse halted automatic matching of the shares to investigate price moves.
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