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FINANCIAL EXPRESS FRONT PAGE

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Monday, February 22, 1999

Stock Update Forex Update

Steel sector falters as market share falls
Steel traders are losing market share and the industry is still reeling under the recessionary trend which started in September, 1996.

ABN Amro selected as clearing bank
ABN Amro Bank NV, the Netherlands-based bank has been selected as the only clearing bank for East India Cotton Association (EICA) members.

Primary surplus will help Centre avoid debt trap
The 14-day treasury bill was cut off at 9.16% while the 91-day T-bill was cut off at 9.57%. The interest in treasury bills would continue to be dull this week.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  New spot market worries gas users in Australia
  Castor futures sharply down as bears reign
  Heavy arrivals push down garlic prices
  Onions, potatoes fall on heavy arrivals
  China counters Daqing nomination with pared volume
  Indian pepper may come under bears grip
  Official trading seen eliminating illegal futures
  Parity in trade terms of Saarc nations mooted
  Commodity Briefing
  Commodity Briefing
  Financial Briefing



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