Posts Tagged ‘India’

Second weekly rise in Asian markets led by India

Thursday, March 4th, 2010

The DowJonesFriday’s session, and last week brought strong increases in stock markets in Asia and the Pacific region, after the concerns of investors from monetary policy tightening in China and the United States, and their concerns about the fiscal crisis in Greece gradually quiet. The regional index MSCI Asia Pacific, which covers the securities markets in ten Asian countries, Australia and New Zealand, have risen for the second consecutive week, rose by 2.2 percent over its closing level of last Friday. Today’s session brought him rise from 0.9 percent to 120.82 points. Best during the past five trading sessions the stock exchange is present in India, where the broad BSE 500 index jumped 4.2 percent on a weekly basis, while the blue chip index BSE Sensex 30 is increased by 3.6%. Only within the last three sessions foreign institutional investors have bought Indian securities for nearly 800 million dollars. Financial companies on the stock exchange in Mumbai, together with those from the energy and extractive industries are the subject of greatest interest from investors this year. Their stock optimism is a reflection of expectations that the Indian economy will grow at a rapid pace, which could overtake the pace of growth in China over the coming years.
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Russia will supply nuclear reactors to India

Tuesday, December 8th, 2009

nuclear reactorsRussia became the next country to sign a nuclear agreement with India. So she undertook to supply the reactors for nuclear power plants for the rapidly developing Asian countries. Currently nuclear companies from France, USA, Canada and the UK had agreements to supply reactors to India, but apparently the country expands its network of suppliers. This is linked to India’s energy strategy, which is set the electricity growth of nuclear power plants from its current level of 4 thousand to 470 thousand MWh within the next 40 years, transmit Financial Times. The deal with Russia came after the agreement India signed with the United States last year for the use of nuclear energy for civilian purposes. It helps the country to acquire nuclear reactors and to build plants to import nuclear fuel and technology for so-called. nuclear forces. Before that, for 30 years, India was denied access to nuclear technology for peaceful purposes. The reason for this was made in 1974 tests of nuclear warheads, and refusing to sign the Non-Proliferation Treaty of Nuclear Weapons in 1968.
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The behavior of India brought gold to a new top prices

Friday, November 20th, 2009

Gold USDThe Gold hits another record her this morning, after traders were influenced by news that India is ready to buy more gold, “the International Monetary Fund. This was announced by the local paper and immediately led to massive purchases of the metal. India has already purchased 200 metric tons of gold from the IMF over the price of 1 000 dollars, which led to a serious rally in the price of the metal. After news of the deal set a series of gold records, have already begun to appear on predictions that raw material prices will rise by around 1 200 – 1 500 dollars an ounce. The IMF has about 200 more metric tons of gold, which are available for sale. For now announced that plans for the purchase of this quantity is considered by China, Taiwan and South Korea. This morning gold with immediate delivery reached a historic peak of 1 177.40 dollars an ounce. Gold with delivery in fevtuari also reached a new record, rising to 1 178.40 dollars an ounce. Since the beginning of year gold has risen by 34 percent and is on track to reach nine consecutive years of growth. The main reason for this is the buying of the metal is the desire of central banks, pension funds and many individual players to restructure their portfolios so that they can be protected against inflation and a possible devaluation of the dollar.
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Raiffeisen: Markets in China, Russia and India have more resources for growth

Thursday, November 5th, 2009

Raiffeisen BankFrom March onwards from emerging stock markets saw unprecedented gains in the high exchange zone and partly even two-digit three-digit figures. Since the beginning of the year the Russian MICEX stock index reached a growth of 120% whole, the Indian SENSEX climbed almost 70 percent and Chinese shares in Hong Kong grew by nearly 60%. Naturally these markets and had to swallow heavy losses during the financial crisis in 2008, however development of the background of global economic and financial framework conditions is more than impressive. Because even the prospects for growth in the U.S., EU and Japan are much more limited and continue to report and before the risks of downward movement. Although in 2010 is hardly likely to repeat growth, Raiffeisen Capital Management in emerging markets saw further potential for upward movement, not a potential investment bubble. “The shares of these countries really are no longer regarded as too favorable, but from our perspective, they continue to represent attractive investment opportunities. And in 2010 the focus of investors will stand Russia, China and India, “said Angelika Milendorfer, Head of Equities of emerging markets at Raiffeisen Capital Management in Vienna.
Russia – oil production will be appreciated
The largest volatility among the three countries mentioned shows Russian stock market. After a sharp downturn in the second half of 2008, Russia is currently one of the countries with the highest performance. “Among the investors Russia is usually limited to its rapid large stocks of oil and natural gas and energy sector is undoubtedly the most important for the country. However, many other sectors offer interesting investment opportunities. Telecommunications, finance and other sectors have potential for further growth, “continues Milendorfer.
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