Essar Oil’s delisting offer has got stuck in unusual “technical issues” with the buyback offer from the promoters getting more than sufficient bids, but a large block of tendered shares failing to…
Posts tagged BL
Asian shares edge up, crude plunge weighs on sentiment (22-12-2015)
Asian shares took solace from gains on Wall Street and edged higher on Tuesday, though gains were capped by caution over low share trade volume and plunging Brent crude oil prices ahead of this we…
Obamacare, tech stocks boost Wall Street (22-12-2015)
US stocks ended stronger on Monday, helped by bounces in Apple and Microsoft as well as a rally in hospital stocks after more Americans signed up for subsidised health insurance.
Shares o…
Yuan firms with midpoint as China pledges support to boost economy (22-12-2015)
China’s yuan firmed against the dollar on Tuesday, in line with the central bank’s slightly stronger midpoint after Beijing pledged more policies and reforms in 2016 to support a slowing economy.
Oil prices edge up as northern hemisphere moves into peak winter demand (22-12-2015)
Oil prices edged away from multi-year lows on Tuesday as the northern hemisphere moves into the peak-demand winter season, but mild weather and ballooning supplies mean that prices are expected to…
Rupee up 5 paise against dollar (21-12-2015)
The rupee continued to rule firm against the US dollar for the fifth straight session, ending higher by 5 paise at 66.35, on persistent selling of the American currency by banks and exporters amid…
Brent crude skids to 10-year low of $36.05/barrel (21-12-2015)
Brent crude prices plummeted to a decade-low of $36.05 a barrel as inventory continued to rise with the relentless increase in global production. This trend could pull down prices further in 2016….
Will 2016 herald recovery, consolidation of commodities? (21-12-2015)
If 2015 was the year in which the growing oversupply of key commodities led to a rout in prices, will 2016 bring the point of capitulation, leading to consolidation and the start of recovery?
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Weak buying crushes soyabean (21-12-2015)
Despite strong global cues, sluggish trend continued in soyaoil on weak physical demand and buying support in soyameal. Soya refined in Indore mandis was quoted at ₹628-30 (down ₹8 from last week)…
Palm oil to test resistance, slip (21-12-2015)
Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher on Monday, to a near three-month high on Monday, as concerns that drier weather could curb output boosted prices. <...