Task 1. A) Choose the graph (A-E) which best fits each sentence. You can use each graph more than once.
A
B
C
D
E
1 'Oil prices skyrocketed last week as fears over supplies grew.'
2 'The dollar-euro exchange rate remains steady at about 0.98.'
3 'Telecom shares plummeted on warnings of bad sales figures.'
4 'The FTSE 100 fell yesterday but bottomed out at 7,900.'
5 'Advent! Corporation shares advanced to $2.80.'
6 'Sales at Super Mart have stagnated over the past year.'
7 'Micro Sun shares soared yesterday on news of a possible bid.'
8 'The Hang Seng dived yesterday and closed at a five-year low.'
B) Choose the best word from the brackets to fill the gap. 1 The CAC 40....................at 3,051 before falling back to 2,992. (advanced/peaked/soared)
2 Anglia Agro......................to 121 pence from a high of 123. (eased/leapt/jumped)
3 Our share price rose in the morning but then it levelled.....................at 62 pence. (up/down/off)
4 Internet dealers say they will......................the price of a new car by over 10%. (slash/slump/bust)
5 It's not bad enough to call it a slump, but we are in a...................... (depression/repression/recession)
6 ................. means that growth is slow, but prices are rising quickly. (Stagnation/Stagflation/Inflation)
7 United Foods announced it is going to.............................1,500 jobs. (axe/dive/close)
8 As temperatures rise, the.......................for air-conditioning units increases. (boom/surge/demand)
Task 2. The graph shows the share price of two companies from 1996 to 2000. Find and correct any mistakes in the text.
In the start of 1996, shares in Consort Industries stood at $160. However, by the end of the year they have collapsed to just $50. They recovered steady over the next twelve months but have fluctuated sharply all through 1998. In 1999 they continued their recover, climb to $ 160 per share, where they remained throughout 2000.
Shares in Mandarin Technologies starting trading at $ 150. Like Consort, Mandarin saw it's shares fall during 1996 and then picked up the following
year. This recovery then turns into a general upward trend, what continued until late 1999, when shares peaked at $220. They then collapsed before rise briefly to just over $ 150 at the end of 2000.
