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SIX verzeichnet 2020 einen Gewinnsprung
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SIX macht im Coronajahr 2020 einen Gewinnsprung | Newsticker
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Panthera Resources Plc (AIM: PAT), the diversified gold exploration and development company with assets in West Africa and India, advises that the Government of India has introduced a new bill (MMDR2021) into the Lok Sabha, the Lower House of the Government of India s (GoI) Parliament, to amend the Mines and Minerals (Development and Regulation) Act of 2015 (MMDR2015). As the bill has only recently been made available, the Company is yet to seek formal legal advice on its application to our investments in India and any comments expressed herein are merely preliminary. In the event this new MMDR2021 act is passed by both houses of Parliament, the Company believes that it may have an impact on the Company s joint venture partner, Metal Mining India Pvt Ltd (MMI), in terms of its right to secure approval of its Prospecting Licence Applications (PLAs) for the Bhukia and Taregaon Projects in India.
NEW DELHI: Shares of Tata Communications plunged 6 per cent in the morning trade on Tuesday after the government said it will sell its stake in the company at a discount to the prevailing prices.
The stocks tanked 6.02 per cent to Rs 1,219,15 on BSE. It hit a low of Rs 1,206.30 during the day.
The government said it plans to sell 10 per cent of the company with a greenshoe option of 6.12 per cent. The offer for sale opens on Tuesday for non-retail investors and the same will open for retail investors on Wednesday.
The floor price for the offer is set at Rs 1,161 per share. This is at a discount of 10.50 per cent to the last closing price.
Eyes on CMA as Nairobi bourse remains shaky
Monday March 15 2021
Summary
The bond market has been ripped by scandals after investors lost their money in collapsed issuers and is now mostly trading government treasuries.
In early 2020 the coronavirus pandemic hit stock prices, which fell with foreign investors exiting, sending the bourse to a multi-year low.
Perhaps as a testament to its resolve amid the crisis, the Capital Markets Authority (CMA) has returned to the drawing board and now wants to review its 10-year master plan and hopefully reinvigorate the market.
With four counters suspended and more companies leaving the Nairobi Securities Exchange(NSE) than those joining, poor off-take of new products and a market so concentrated that one company matches the value of all the other 60 companies, Kenya’s capital market is in a sorry state.
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