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- ADX names Mena start-up Thndr as remote retail trading member
- Mered expands UAE operations with new Abu Dhabi office
- Bahrain All Share Index closes lower, Islamic Index closes higher
- Burjeel reports 129% increase in Q2 net profit, revenue grows 18.7%
- Saudi Maaden H1 profit up 73% on higher sales; revenue hits $4.8bn
- IQ reports QR2bn net profit in H1, approves 26% interim dividend
- 65% Omanis in private sector earn less than RO600
- Local banks record higher credit issuance in June; reflects positive outlook on Qatar economy
- S&P Affirms China's Sovereign Credit Rating at A+ with Stable Outlook
- Saudi stock market may open to global investors, regulator says
19/11/2010 00:00 AST
The Bombay Stock Exchange benchmark Sensex, which fell by 93 points in the opening trade on Friday, largely on profit-booking amid weak trend, continues to remain weak.
At 9.50 a.m., the Sensex was down 123.71 points at 19,806.93 and the broader Nifty was down 43.3 points at 5,955.50.
The 30-share barometer, which had gained 65.50 points on Thursday in a highly choppy session, was trading at 19,837.67 points in the early trade, down by 92.97 points from the previous close.
Similarly, the wide-based National stock Exchange index Nifty also fell by 31.70 points to 5,967.10 with realty, banking and technology stocks leading the decline.
Brokers said fresh bout of selling by funds and retailers at the prevailing levels mainly dragged down the Sensex.
Stocks of RCom remained under selling pressure on fears over 2G spectrum probe and was trading down 3.83 per cent at Rs 148.
In the other Asian markets, the Hong Kong's Hang Seng index was quoting lower by 1.04 per cent, while Japanese Nikkei was marginally up by 0.61 per cent to trade at a five-month high in the morning trade today.
In the US, the Dow Jones Industrial Average ended 1.57 per cent higher on stronger-than-expected economic data and hopes for an end to Ireland's debt crisis.
The Hindu Business Line
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
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