collected by :Ros Roger
Aussie shares cheered by BHP's record annual iron ore output; NZ downThe energy index, fell for a sixth straight session after closing 0.6 per cent lower on Wednesday. Wall Street's positive overnight lead also helped the S&P/ASX 200 index put on 0.7 per cent to 6,245.1 at the close. The benchmark fell 0.6 per cent on Tuesday. BHP's shares rose 3.3 per cent to a near 9-month high on the news, and pulled up the mining index 1.4 per cent. The energy index, fell for a sixth straight session after closing 0.6 per cent lower on Wednesday.
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![HDFC shares hit record high ahead of Rs 2,800cr AMC IPO next week]()
HDFC shares hit record high ahead of Rs 2,800cr AMC IPO next weekMoneycontrol NewsHousing Development Finance Corporation share price gained 1.2 percent intraday on Wednesday after its subsidiary HDFC Asset Management Company decided to open the initial public offering for subscription next week. Related NewsAfter consultation with book running lead managers, the company has fixed price band for the IPO at Rs 1,095-1,100 per share. HDFC AMC aims to raise Rs 2,787.60-2,800.33 crore through the public issue, of which Rs 945 crore will go to promoter HDFC and the rest funds to Standard Life. Bids can be made for a minimum lot of 13 equity shares and in multiples of 13 equity shares thereafter. At 11:15 hours IST, the stock price was quoting at Rs 2,011.90, up Rs 21.85, or 1.10 percent on the BSE.
Aussie shares cheered by BHP's record annual iron ore output; NZ downThe energy index, fell for a sixth straight session after closing 0.6 per cent lower on Wednesday. Wall Street's positive overnight lead also helped the S&P/ASX 200 index put on 0.7 per cent to 6,245.1 at the close. The benchmark fell 0.6 per cent on Tuesday. BHP's shares rose 3.3 per cent to a near 9-month high on the news, and pulled up the mining index 1.4 per cent. The energy index, fell for a sixth straight session after closing 0.6 per cent lower on Wednesday.
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Amazon shares slide despite record Prime Day results
Shares of Amazon ticked lower on Wednesday despite the e-commerce giant reporting its annual Prime Day was its biggest sales event ever. Coresight Research had forecast Prime Day sales to hit at least $3.4 billion. A company spokeswoman also told CNBC on Tuesday morning that "Prime Day sales in the U.S. so far are bigger than ever – in fact, in the first ten hours Prime Day grew even faster, year-over-year, than the first ten hours last year." Feedvisor also said Prime Day sales in the first 12 hours of the event rose 89 percent compared to last year's sales event. Prime Day got off to a rough start, however, as a massive glitch redirected shoppers away from the deals to pictures of dogs.as declared in
HDFC shares hit record high ahead of Rs 2,800cr AMC IPO next weekMoneycontrol NewsHousing Development Finance Corporation share price gained 1.2 percent intraday on Wednesday after its subsidiary HDFC Asset Management Company decided to open the initial public offering for subscription next week. Related NewsAfter consultation with book running lead managers, the company has fixed price band for the IPO at Rs 1,095-1,100 per share. HDFC AMC aims to raise Rs 2,787.60-2,800.33 crore through the public issue, of which Rs 945 crore will go to promoter HDFC and the rest funds to Standard Life. Bids can be made for a minimum lot of 13 equity shares and in multiples of 13 equity shares thereafter. At 11:15 hours IST, the stock price was quoting at Rs 2,011.90, up Rs 21.85, or 1.10 percent on the BSE.