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Markets

LSE Volume: 7,699 M
Avg Vol: 5,172 M +49%
Fallers
2,636
Unchanged 555
Risers
1,880

FTSE dives on 'Grexit' fears as crude prices fly

FTSE indices dipped lower as traders reacted to economic data from both sides of the Atlantic and on-going concerns about Greece potentially exiting the euro zone and its ability to maintain debt repayments. Blue-chip retailers sagged, as did property stocks.

IAG welcomes approval of Aer Lingus offer

International Consolidated Airlines Group, has welcomed the Ireland parliament's decision to approve the general principles of the sale of the government's shareholding in Aer Lingus. The approval was a condition of the recommended cash offer.

MACC's plunge

Macromac has booked a FY pretax profit down 28.0% to RM7.29m, against RM10.13m a year earlier. Revenue increased 23.7% to RM29.81m, from RM24.09m. Other results highlights are given below:

Minco's swing

Minco said for the three months to March 31 it booked a profit of US$482,000 compared to a loss of US$271,000 for the same period ended March 31, 2014.

Synergy's block

Steris Corporation and Synergy Health said the US Federal Trade Commission (FTC) intends to seek to block their proposed combination. They said they would contest the FTC's attempted action.