Market Report: Taking Stock

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The Independent Online
Around 4 per cent of Aminex, with oil and gas interests in the former Soviet Union, went through the market, clearing a long-standing overhang. The shares were sold by a Canadian fund which clinched a deal with an institutional investor at 54p against a 60p quote. There is talk the oil group has more encouraging developments in the pipeline.

Waste Recycling firmed to 305p as stockbroker Killik said buy following the takeover of East Waste for pounds 11.9m. The broker believes the deal implies a 350p price.

AIM-listed Compagnie de Participations Financieres (Luxembourg), unchanged at 547.5p, is planning to build 38 apartments in Jersey; unusually they will be available to non-residents. Prices will be up to pounds 425,000.