Stock Markets

Jubilant FCCB buyback gets poor response

Jubilant FCCB buyback gets poor response Noida based chemicals and drug maker Jubilant Organosys failed to witness good response to its buy back offer for all its outstanding foreign currency convertible bonds
(FCCBs) worth $241 million. The firm said, in a filing before Bombay Stock Exchange, that it would buy FCCBs worth $3 million due in 2010 with total cash of $2.55 million.

The firm received bids worth $48 million only for buy back shares via FCCB tender offer.

Vishal Info to issue shares to satisfy fund needs

Vishal Info to issue shares to satisfy fund needsIT major Vishal

Singapore shares fall 2.11 per cent

Singapore FlagSingapore - Singapore share prices fell 2.11 per cent

Hong Kong shares dip below 13,000 after 2.5-per-cent slump

Hong Kong shares dip below 13,000 after 2.5-per-cent slump

Shares fall sharply in Seoul

Shares fall sharply in SeoulSeoul  - Shares fell sharply Friday on the

Tokyo stocks down on Wall Street's overnight losses

Tokyo stocks down on Wall Street's overnight losses Tokyo - The Tokyo market ended Friday morning trading lower after stocks on Wall Street fell to their lowest levels in more than six years.

The benchmark Nikkei 225 Stock Average fell 102.25 points, or 1.35 per cent, to 7,455.4.

The broader Topix index of all first section issues was also down 6.41 points, or 0.85 per cent, at 745.18.

On currency markets at 9 am (0000 GMT), the dollar traded at 93.99-94.04 yen, up from Thursday's 5 pm quote of 93.56-58 yen.

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