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Thursday, June 30, 2011
Top Laggards: Bajaj Holdgs dips 5%, Union Bank slips 3%
Bajaj Holdings & Investment
Bajaj Holdings & Investment, an investment company, lost by 5.29% to close at Rs732.15, on the BSE.
Performance on periodic basis:
On weekly basis (June 22-June 29, 2011), the stock fell 1.46% from Rs743.05.
On monthly basis (May 27-June 29, 2011), the stock fell 3.58% from Rs759.40.
On yearly basis (June 29, 2010-June 29, 2011), the stock rose 3.12% from Rs709.95.
Wednesday, June 29, 2011
Asia-pacific stockmarket ends modest higher on improve risk appetites
Hopes of positive news from Greece front plays role
Most of Asia-pacific market ended modest higher on Wednesday, June 29, 2011, as risk hunger investors chased for bargain, thanks to positive rally on the European and United State equity market overnight, stronger commodity prices, and amid optimism over the Greece vote later in the day as well as China Premier Wen's speech on a possible increase of investment in European debt
Buying appetite continued for riskier equities on growing expectations that the Greek lawmaker will approve the austerity measures aimed as preventing a default as well as news that German banks have agreed in principle to roll over about $10 billion in Greek government debt. A vote on the package is scheduled for Wednesday and a vote on the implementation legislation for Thursday.
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