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MARKETMOVERS : South Wharf buoyant after Dublin Port deal.

Europe Intelligence Wire

| July 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Irish Independent)

PROPERTY company South Wharf saw its stock rise by 20pc this week after an agreement with Dublin Port Company was reached over a contentious land issue.

The company said it had reached a conditional agreement with Dublin Port Company with regards to the land in Ringsend, settling the outstanding litigation between them.

The biggest loser this week was Ovoca Gold, which dropped 14pc. The company recently announced it has appointed Wardell Armstrong to conduct a bankable feasibility study on a site in Russia.

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