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FINANCIAL EXPRESS FRONT PAGE

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Friday, July 9, 1999

Forex Update

BSE to expand to another 300 cities
The Bombay Stock Exchange plans to spread its operations to 500 cities from the existing 200 by the end of the year and regain its number one slot in the country.

Prudential ICICI AMC's assets shoot up 825%
The Prudential ICICI Asset Management Company has witnessed a phenomenal 825 per cent increase in its assets to touch Rs 1,480 crore compared to Rs 160 crore in the previous year.

BSE appoints AN Joshi as new executive director
A N Joshi will be the new executive director of the Bombay Stock Exchange (BSE). Joshi has been appointed for a period of three years and is likely to take charge by the end of August.



  Gold recovers on speculative buying; g'nut oil down
  Mixed sentiment witnessed at NSE
  Colgate -- The uptrend may continue
  PSI Data Systems seems set for a repeat performance in first half
  Polaris Software premium seen at Rs 200 per share
  Shares On The Move
  HCL Comnet to introduce trading via V-Sats, Net
  US aluminium major's closure may come as a boon to local companies
  Market focus on select cyclicals; L&T takes centrestage
  RIL, L&T cut swap deals on Day 1
  Mumbai bourse introduces BSE-500 index; to include 23 industries in fold
  Market Briefing
  Offer price revised for Modi Xerox
  Sensex climbs up despite Kargil
  Pepper under pressure from good global crop
  Commodity Briefing
  Gold sparkles in rural Asia despite worldwide slump
  Fall in international edible oil prices hits domestic palm oil units, says body
  Crisil accords highest safety rating to Konkan Railway's debt issue
  Fund mopup via private placement of debt up 25%
  Market Round-Up



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