Prices on the Icelandic Stock Exchange fell the second day in a row on Tuesday, the ICEX index finished 1.8 per cent lower at closing. Prices continued to fall this morning, and at noon today, Wednesday, all companies that were being actively traded had gone down.
FL Group is interested in acquiring or investing in the low cost carrier Sterling and Maersk Air now owned by Fons. Fons also owns the airline Iceland Express.
An excavator was used to break a window secured by iron bars in a burglary in Kópavogur early yesterday morning. Three laptops were taken but the damages to the house amount to over ISK 1 million.
The prosecution defined embezzlement for the judges in a special court session in the Baugur case today, while the defendant’s counsel called the indictment “sloppy”.
