Latest news with #011
Economic Times
a day ago
- Business
- Economic Times
Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.
NSDL is set to open its INR4,011 crore IPO on July 30, pricing shares in the range of INR760 - INR800. But while the depository's fundamentals are strong, the pricing has left a bitter aftertaste for investors who bought in the unlisted market at around INR1,025 — a near 22% haircut at the upper end of the IPO band. The offer is entirely an offer-for-sale, with no fresh issue component, which means no capital infusion for the company — just an
Time of India
a day ago
- Business
- Time of India
Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.
NSDL is set to open its INR4,011 crore IPO on July 30, pricing shares in the range of INR760 - INR800. But while the depository's fundamentals are strong, the pricing has left a bitter aftertaste for investors who bought in the unlisted market at around INR1,025 — a near 22% haircut at the upper end of the IPO band. The offer is entirely an offer-for-sale, with no fresh issue component, which means no capital infusion for the company — just an
The South African
2 days ago
- Sport
- The South African
Sundowns to announce two more players?
Mamelodi Sundowns, the reigning Betway Premiership champions, completed the signing of Fawaaz Basadien from Stellenbosch FC last weekend, and there are two more additions expected to follow soon. The 28-year-old left-back and Bafana Bafana star earned the move after seven goals and eight assists in 48 games for Stellies last season. Basadien becomes Sundowns' first signing ahead of the 2025/26 Betway Premiership and CAF Champions League seasons, but reports say Kabo Yellow are not done. Transfer news: Orlando Pirates' decisions on 22 players Mamelodi Sundowns announce Fawaaz Basadien from Stellenbosch FC. Image: @masandawana/X 'It's time to get ready for a new season! Introducing our newest signing – the versatile & talented Fawaaz Basadien!' the club said via social media. 'Welcome to the Yellow Nation, Fawaaz.' Full details: Orlando Pirates' first match this week According to recent reports, Sundowns are closing in on two more signings. The first being TS Galaxy and Bafana Bafana defender Khulumani Ndamane, and Chippa United's winger Aphelele Teto. Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
New Straits Times
29-06-2025
- Business
- New Straits Times
CPO futures likely to trade sideways next week due to lack of fresh cues
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week owing to a lack of fresh market cues. Palm oil trader David Ng said there aren't any strong new factors to push prices significantly higher or lower. "There aren't any major catalysts at the moment to push prices sharply in either direction, so we expect the market to remain range-bound for now as traders wait for fresh leads. "Prices are expected to trade within the range of RM3,900 to RM4,100 per tonne," he told Bernama. On a weekly basis, the July 2025 contract fell RM85 to RM3,986 per tonne, while August 2025 dropped RM102 to RM4,005 per tonne. September 2025 declined RM107 to RM4,011 per tonne, October 2025 eased RM104 to RM4,011 per tonne, November 2025 slipped RM101 to RM4,017 per tonne, and December 2025 decreased RM95 to RM4,031 per tonne. The weekly trading volume decreased to 267,618 lots from 401,206 lots in the previous week, while open interest went down to 224,560 contracts from 231,757 contracts. The physical CPO price for July South decreased by RM100 to RM4,020 per tonne.
Barnama
26-06-2025
- Business
- Barnama
CPO Futures Ends Higher
By Nurunnasihah Ahmad Rashid KUALA LUMPUR, June 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended the short week higher following lower-than-expected palm oil production pace and robust June export performance, said a commodity analyst. Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the reduction in the Malaysian palm oil export tax and the signing of the Malaysia-European Free Trade Association Economic Partnership Agreement also supported the better performance today. 'However, renewed weakness in Chicago Board of Trade soybean oil futures, lack of destination buying apart from India, stronger ringgit and the likelihood of unchanged Indonesian palm oil export taxes and levies for July capped the gains in ringgit-denominated Malaysian palm oil futures,' he told Bernama. He said the Malaysian Palm Oil Association estimated Malaysian palm oil production during the June 1-20 period, down by 4.56 per cent, in line with the UOB Kay Hian estimate of a -1 per cent to -5 per cent reduction, but production is lower than previously thought of an unchanged to two per cent decline. At the close, the spot-month July and August 2025 contracts increased by RM47 each to RM3,986 per tonne and RM4,005 per tonne, respectively, while September 2025 improved by RM46 to RM4,011 per tonne. October 2025 went up RM42 to RM4,011 per tonne, November 2025 rose by RM39 to RM4,017 per tonne, and December 2025 gained RM37 to RM4,031 per tonne. Trading volume decreased to 63,167 lots from 64,359 on Wednesday, while open interest fell to 224,560 contracts from 231,315 previously. The physical CPO price for July South increased by RM20 to RM4,020 per tonne.
