Biznews
Category: HNN Broadcasted on 20. November 2002 - 16:27:35hrs Author HNN News Reporter Comments: 0
And now to the economy.
The market climbed higher today as was expected. The news that the Hapes Consortium had once again defended her borders from foreign vessels increased confidence in Hapes-based companies. This euphoria is expected to last for a few weeks. The most notable gain was from Colonial Shipworks who reported a 1.2 credit increase per share and a 2 million credit profit for this month. CEO Thraken Solo said it was simply good business know-how which had made him the man he was today.
1 Hapan Credit buys 1.2 Galactic credits.
Durasteel is trading for 300 Gcs/oz
The HapanXchange gained 33.6 points and is now on 4195.3
In other financial news, the Dathomir government has granted the requests of the execuitive commitee of Khan's Destilleries, and have released a bailout package of approximately 500 million credits to the stricken company.
However, it was too late for Khan's stock, which has fallen 3650 points to 2565.
It is expected that Kahn's will be back to full market value by the end of the financial year.
- Liat Shiel and Marcus Bayne
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