Investigation into fishy goings on at Pescanova

The National Market Securities Commission (CNMV) has provisionally suspended the listing of Pescanova while it investigates possible abuse of the share market through actions that can disrupt the normal course of market operations. At the time of the suspension, Pescanova shares were at €5.91, down from €7.32 at the close of the previous session.

Apple pipped by Exxon Mobil

Apple shares have fallen to such an extent that it has been overtaken by oil giant Exxon Mobil as the world’s most valuable publicly-traded company. Apple’s stock fell 2.4% to $439 a share for a market value of $413bn. Exxon’s value is currently around $418bn. Apple shares have fallen almost 40% since hitting a record $702 in September 2012.