Market update - 23 March

OIL FUTURES: Oil Tops $80/Bbl On US Gasoline, Crude Stock Draw

By: dustgeer

Crude futures are higher Wednesday, briefly piercing $80 a barrel, after the release of U.S. inventory data that showed a sharp draw in gasoline stocks and a decline in crude stocks. Light, sweet crude for December delivery recently traded 77 cents, or 1%, higher at $79.91 a barrel on the New York Mercantile Exchange, having hit an intraday ...

17 days ago

State Bank of India [SBI] raises 75 Crore dollars.

By: ranasushilaben

State Bank of India [SBI] has raised 75 Crore dollars from overseas markets by issuing bonds. Bank has raised these dollars for five-year maturity- fixed rate Senior Notes [securities]. These securities have a coupon rate of 4.5%. The amount is raised by SBI Medium Term Notes program . The Senio

about 1 month ago

Wether World's investors to afraid of or not,because of Dubai World's ...

By: sonalbenanilkumarrana

As we know that Dubai based  investment company Dubai World has caused a sensation throughout the world,now it is becoming a laughing stock.It got the debt  of 59 billion dollars. As per my knowledge, the world of Hollywood and Bollywood had invested their money here in Dubai. On the otherside of coin, most Dubai business linked ...

6 days ago

Shares drop as banks sold down

By: patelashishme0932

Australian stocks have extended losses, with banks leading the falls on profit-taking in the wake of National Australia Bank's results. In afternoon trade, the benchmark S&P/ASX200 index was down 51.9 points, or 1.1 per cent, at 4701.6, while the broader All Ordinaries fell 49.9 points, or 1 per cent, to 4705. Among the sectors, ...

about 1 month ago