27-Jul-2009 12:05 PM
GOL downgraded by Deutsche Bank, Virgin Blue slumps on proposed capital raising and loss forecast;
Analysis
Worldwide LCC share prices were mixed on Friday (25-Jul-09), reflecting underlying conditions in European, Asian and North American equity markets and increased oil prices. Oil prices in New York climbed USD 89 cents to close at USD68.05, due to growing optimism of an improving US economy, while in London, oil prices for September delivery jumped USD1.07 to settle above USD70/barrel (at USD70.32).
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