UPDATE 2-Merrill, Citi buy into Indian commodities bourse

By Pete Southern in Gold and Oil News | September 28, 2007 14:00 |

UPDATE 2-Merrill, Citi buy into Indian commodities bourse
MUMBAI, Sept 28 (Reuters) – Citigroup and Merrill Lynch have bought 5 percent stakes in India’s top commodities exchange, valuing it at up to $1.1 billion, or more than the Bombay Stock Exchange which sold stakes earlier this year.
Source: c.moreover.com

Shanghai copper up, LME extends gains above $8,000
SINGAPORE (Reuters) – Shanghai copper rallied nearly 1 percent on Friday while London futures held above $8,000 a tonne, buoyed by gains in other markets and speculation that prices could challenge last year’s record high next week. The Shanghai Futures
Source: c.moreover.com

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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