USD 63.8487

0

EUR 70.5975

0

BRENT 64.63

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AI-92 42.32

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10

United Oil Giant Shares Fell

The shares of Royal Dutch Shell oil giant fell on London market

The shares of Royal Dutch Shell oil giant fell on their London market debut on Wednesday.

Shell "A" shares, which came from the group's former Dutch parent, were marked 58 pence lower to 1,766.5p.

Its "B" shares, originating from its UK parent, relinquished early gains to also trade lower at 1,806.5p.

Analysts expected "B" shares to trade at a premium to the "A" shares because of less strict tax rules on dividends in the UK.

"A" shares have to comply to the Dutch tax regime which imposes a 25% tax on dividends.