Latest News in Stock Market and Investments – March 16, 2009

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LIC says has put $5.6 bln in stocks in 08/09 – Reuters India

16 Mar 2009 at 8:53pm
NEW DELHI (Reuters) – State-owned Life Insurance Corp, India’s biggest insurer, has made gross investments of 290 billion rupees ($5.6 billion) in the equity markets so far in the current financial year, its chairman said. T.S. Vijayan told reporters …

Currency crisis may delay stock market rebound ? Analysts – Punch

16 Mar 2009 at 4:57pm
The depreciation of the naira against the United States dollar, if left unchecked, may further deepen the downward trend in the Nigerian capital market, analysts have said. Within the last three weeks, the naira has lost about 22 per cent, down from …

India Morning Call – Global Markets – Reuters India

16 Mar 2009 at 7:35pm
Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds …

Stocks give up gains after 4-day rally – The State

16 Mar 2009 at 5:12pm
“This is healthy,” said Dave Rovelli, managing director of trading at brokerage Canaccord Adams in New York. “The best thing for this market is that we don’t go up aggressively. A steady rise of a few up days then a down day would be a lot better …

Malaysian stocks expected to stay soft – Business Times Malaysia

16 Mar 2009 at 5:26pm
MALAYSIAN shares are seen rangebound today as investors are likely to stay cautious amid a weak economic outlook and falling global markets. ?The cautiousness of the investors is visible from the thin turnover that we saw yesterday, and with the US …

Stock & fund quotes – ninemsn

16 Mar 2009 at 8:32pm
HONG KONG, March 17 (Reuters) – Asian stocks climbed on Tuesday, with banks extending gains on hopes the struggling global financial system is stabilising, despite reports showing the U.S. economy is deteriorating further. The dollar edged higher …

Australian market trades higher, led by resource stocks – RTT News

16 Mar 2009 at 5:55pm
(RTTNews) – The Australian stock market was trading higher on Tuesday, led by resource stocks, despite modest losses on Wall Street overnight. The market was boosted by data that showed a rise in lending to both companies and house holds …

Greystar Announces Definitive Agreement for International Finance … – Stre…

16 Mar 2009 at 4:43pm
NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Greystar Resources Ltd. (”Greystar” or the “Company”) (TSX: GSL )(AIM: GSL ) announces that, further to its February 4, 2009 press release, it has entered into a …

McJunkin calls off planned stock offering – Charleston Gazette

16 Mar 2009 at 12:47pm
CHARLESTON, W.Va. — Oil and natural gas pipe and valve distributor McJunkin Red Man Holding Corp. has dropped plans for an initial public stock offering. McJunkin’s lawyer says in a filing Monday with the Securities and Exchange Commission that the …

Bank stocks rally, lead Wall Street higher – Forbes

16 Mar 2009 at 12:32pm
Bank stocks led a rally on Wall Street again on Monday amid more evidence that the industry is performing better than many had feared. Barclays PLC became the latest financial company to assure investors that it is having a good start to the year …

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March 16 2009 09:19 pm | Stock Market News

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