Tag: Asia Stock Market

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India’s Reliance Communications Agrees to Sell 26% stake

VN:F [1.6.1_878]please wait…Rating: 0.0/5 (0 votes cast)India’s second-largest mobile phone operator Reliance Communications Ltd. has finally decided to sell its 26 percent stake to a strategic or private equity investor. The move comes as the company aggregates funds to expand its services and pay its debts including 85.9 billion rupees ($1.8 billion) that it had [...]

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Asia Stock Market rebounded STRONGLY

VN:F [1.6.1_878]please wait…Rating: 5.0/5 (1 vote cast)“Stock markets rebounded strongly in the first half of 2009, with the MSCI AC (All Country) Asia ex Japan Index rising 68% over its November 2008 trough.” – Asia Economic Monitor, July 2009, Asian Development Bank.
Following figure shows the  Composite Stock Price Indexes (last daily price, 2 January 2008 [...]

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