Monday, 28 November 2011 10:05
Posted by Shoaib-ur-Rehman Siddiqui
MUMBAI: Indian shares rose 1.6 percent in early trade on Monday as strong Asian markets and hopes the government will push more reforms after liberalising foreign investment in the retail sector.
At 9:18 a.m. (0348 GMT), the main 30-share BSE index was up 247.23 points at 15,940.27, with 25 all its components up.
The 50-share NSE index was up 1.54 percent to 4,782.1 points.
Last week, India approved 51 percent foreign direct investment in supermarkets, paving the way for firms such as Wal-Mart Stores Inc, Tesco and Carrefour to enter one of the world's largest untapped markets.
Copyright Reuters, 2011 ...
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MUMBAI: Indian shares rose 1.6 percent in early trade on Monday as strong Asian markets and hopes the government will push more reforms after liberalising foreign investment in the retail sector.
At 9:18 a.m. (0348 GMT), the main 30-share BSE index was up 247.23 points at 15,940.27, with 25 all its components up.
The 50-share NSE index was up 1.54 percent to 4,782.1 points.
Last week, India approved 51 percent foreign direct investment in supermarkets, paving the way for firms such as Wal-Mart Stores Inc, Tesco and Carrefour to enter one of the world's largest untapped markets.
Copyright Reuters, 2011 ...
HONG KONG: Hong Kong stocks rose 2.27 percent in early trade Monday after a report that the International Monetary Fund could bail out debt-hit Italy with up to 600 billion euros ($800 billion).
The benchmark Hang Seng Index climbed 401.59 points to 18,091.07.
Copyright AFP (Agence France-Presse), 2011 ...
SHANGHAI: Chinese shares rose 0.42 percent in morning trade on Monday, tracking gains in regional markets, on a report that the International Monetary Fund could bail out debt-ridden Italy, dealers said.
The Shanghai Composite Index, which covers both A and B shares, was up 9.95 points at 2,390.17.
The IMF could bail out Italy with up to 600 billion euros ($800 billion), an Italian newspaper reported on Sunday, as Prime Minister Mario Monti came under pressure to ...
TOKYO: Tokyo stocks rose 1.77 percent on Monday morning following a report that the International Monetary Fund is working on a rescue plan for Italy to help tackle the European debt crisis.
The Nikkei 225 index at the Tokyo Stock Exchange gained 144.35 points at 8,304.36 by the lunch break.
The Topix index of all first-section issues gained 1.51 percent, or 10.64 points, at 717.24.
Italian newspaper La Stampa reported Sunday that the IMF could bail out Italy ...
HONG KONG: Asian markets and the euro rose on Monday following a report that the International Monetary Fund was considering a plan to hand debt-ridden Italy a $800 billion bailout.
Traders were also cheered by news that Germany and France had discussed plans to speed up integration in the eurozone, providing officials with greater powers to enforce fiscal discipline.
Tokyo rose 1.77 percent by the break, Hong Kong added 1.75 percent, Sydney was 1.71 percent higher, Seoul ...
DUBAI: Abu Dhabi's bourse ended lower for a 10th consecutive session on Sunday, with Gulf markets extending declines as concerns over the euro zone crisis and unrest in Egypt and Syria weighed on investor sentiment.
Fears of Europe's debt crisis dragging on without a credible solution saw US stocks fall for a seventh straight session on Friday, leading global equity markets to their worst week in two months.
"Global concerns are coming down on retail investors no ...
