Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Market Report: Taking Stock

Derek Pain
Tuesday 03 March 1998 20:02 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Emerald Energy, seeking oil in Colombia, lost a further 0.5p to 6.75p. The shares have fallen from 10p last month. Chairman Iain Alexander has admitted the Chawina-2 well in Colombia has encountered further delays. But he said: "These are no more than drilling problems. There is nothing seriously wrong". The shares have suffered from the lack of progress in Colombia and Lasmo's intention, announced last week, to sell its Colombian operations because its discoveries there have not been big enough.

Rage Software, after an unhappy run, is gathering strength. The shares rose 1p to 7.25p, a far cry from their 25p peak but more than double the low hit in June. The company is concentrating on computer games. There are high hopes that one, called Incoming, could be worth approaching pounds 1m this year and there is market talk another game is about to materialise.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in