ESPACIO PUBLICITARIO
CARACAS, Tuesday August 19, 2008 | Update
 
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Cemex trading suspended in Caracas Stock Exchange
  EL UNIVERSAL
Tuesday August 19, 2008  01:29 PM

The Venezuelan Stock Market Commission (CNV) ordered Tuesday to suspend for 24 hours trading of Cemex Venezuela shares, following the expropriation announcement made on the eve by Venezuelan authorities.

Cemex's type 1 shares fell 2.82 percent on early trading, whereas type 2 shares were down 1.43 percent. The price of both shares in Caracas Stock Market is VEB 0.69, Reuters said. 

Cemex Venezuela was controlled by Mexican company Cemex, which is the world's third largest cement company.

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Oil Scenario


Oil exports to China in 2015 are to match current oil shipments to the US
Oil exports to China in 2015 are to match current oil shipments to the US

HYDROCARBONS Rafael Ramírez, Venezuela's Minister of Petroleum and Mining and president of state-run oil company Petróleos de Venezuela (Pdvsa) specified that oil exports to China would be equal to current shipments of Venezuelan oil to the United States.

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