April 7, 2008
This is a quick off topic post to let readers of this blog know about a easy way to get some cool goodies absolutely free of cost. Skipify lets you get free gifts by referring others to their interesting offer. Apple MacBook, Sony VAIO, Apple iPod Touch, Apple iPod Nano, Logitech V470 Mouse, Nintendo Wii are some of the goodies on offer. If you have a paypal or an alert pay account, you can also choose to recieve your rewards through cash. Sounds very simple and easy way to make some quick money, isn’t it?
To get started this is what you have to do. Visit Skipify, select the reward you want, click the new user tab and signup after entering your email ID. Detail instructions on how to proceed further will be provided to you once you complete this first step. Join Skipify – Earn free gifts by referring others.
Posted in Business
April 2, 2008
The Mexican stock markets hit a five month high early this week on the back of rising inflation and steady interest rates mainatained by the central bank of Mexico. The country currence, the mexican PESO has climbed to a new two year high against the american dollar. The PESO, in early trades, rose close to 0.5% to end the day on a very strong note at close to 10.6 pesos to the US dollar. The Mexican Central bank Governor, Mr. Guillermo Ortiz said that though US and various European econmoies were in the midst of a recession, the asset prices in Mexico were strong and hence inflation remained a serious concern. Mexico along with brazil, India and various other emerging econmies is seeing an increase in inflation due to the cut in interest rates by the Fed. The US interest rates are at 2.25% compared to the 5%+ interest rates in various developing economies. Hence US investors are shifting their investments to these countries to profit from the interest rate differential.
Posted in World Stock Markets
April 2, 2008
On the follow up to the huge stock market crash witnessed in various asian stock markets, the Chinese cabinet seems to have taken the initiative and has advised the financial market regulators of China to promote healthy practices in the chinese stock markets. The main stock market Index of China, better known as SSEC or the Shanghai Composite Index has witnessed a whooping 34% crash in the first quarter of the current year. This has been one of the steepest first quarter crash witnessed by the chinese stock markets in many decades.
Posted in Asian Stock Market
April 2, 2008
KIRI Dyes IPO Subscription will end today unless it is extended by the IPO lead manager. KIRI Dyes IPO as of 2Â O’ clock is undersubscribed. IPO subscription of KIRI Dyes IPO will close exactly 3 hours from now. If the IPO remains undersubscribed at close, it is likely that the IPO subscription will be extended for a couple of days atleast accompanied by a cut in the IPO price band. The final subscription details of KIRI Dyes and Chemicals IPO will be updated here as soon as the IPO closes for subscription.
Posted in IPO India
April 2, 2008
CRISIL has given the much awaited UTI MF IPO, which will be the first IPO by a mutual fund, an IPO grade of 4. CRISIL IPO grade 4 indicates that the fundamentals of UTI MF IPO are above average when compared to other listed companies in the country. Baring the rare grade 5 given to just 1 IPO, Grade 4 has been the highest IPO grading awarded by CRISIL. This however does not indicate the performance of the IPO, which will depend purely on the market dynamics when the IPO opens for subscription.
Posted in Indian Stock Market
April 2, 2008
The record date for Shree Renuka Sugars Stock Split has been declared by the company. Shareholders of Renuka Sugars who hold shares of Renuka Sugars as on the record date for the stock split will be eligible for the stock split benefits. Renuka Sugars Stock Split Record Date is April 21, 2008. Last month the board of Renuka Sugars approved the stock split ratio which was proposed to be 10:1. This means investors will get 10 shares of Renuka Sugars for every 1 share that they hold as on the record date for the stock split.
Posted in Indian Stock Market
April 1, 2008
Titagarh Wagons IPO Subscription Details on the closing day of the IPO are as follows. QIB category has been subscribed by over 10 times while retail investors category has remained undersubscribed. Retail investors have still not come out of the shock reliance power ipo has given them and hence are still sceptical when it comes to applying in IPO’s. Titagarh Wagons IPO Subscription figures indicate that the IPO is likely to see listing gains due to the confidence displayed by the institutional investors in the IPO. Hence retail investors who’ve taken the risk and applied in the Titagarh Wagons IPO may be rewarded aptly. Titagarh Wagons IPO allotment status and listing date will be updated here shortly.
Posted in IPO India
April 1, 2008
Gammon Infra IPO Allotment Status has been declared by the registrar of the IPO. Since the retail investors category in the Gammon Infra IPO was subscribed by only 1 time, retail investors have received full allotment. Gammon IPO listing gains depends on the performance of the amrket during the listing week. The net profit from the Gammon Infrastructure IPO can be huge if the IPO manages to list in the positive territory. This is because of the heavy allotment received. On the other hand the losses can also be huge if the IPO lists in the negative territory, for the same reason. Retail Investors need not check the Gammon IPO Allotment Status since they can be assured of a 100% IPO allotment. The shares alloted will be available in the demat account of investors by the end of this week. Gammon Infra IPO listing date will be updated here as soon as it has been announced by the company.
Posted in IPO India
April 1, 2008
Want to try your hand at forex trading? Forex trading sure seems more attractive compared to equity trading since the forex market is open 24 hours a day and hence offers a lot more flexibility in terms of trading. Further the leverage offered is very high, sometimes as high as 1:200 which means for every $1 deposited, forex traders can hold positions in currencies worth upto $200. Further making money with forex trading is very simple. Wondering how you could get started with forex trading?
RetailFX.com offers an excellent forex trading platform for investors. Opening a LIVE online fx trading account with RetailFX.com is very simple and can be completed by following 3 simple steps listed on their website. The site also offers free download of their forex trading software. If you are from the USA, you will not be able to open a forex trading account with RetailFX.com due to the prevailing US regulatory restrictions. For others, RetailFX.com seems to be an excellent option to venture into online forex trading.
Posted in World Stock Markets
March 27, 2008
This is an off topic post to help raise awareness and support for 17 year old American upcoming singer and American Idol finalist, David Archuleta. David James Archuleta is an Utah based singer who is currently tipped to win the 2008 season of the popular American interactive reality singing contest, American Idol. David Archuleta has been tipped as the front-runner by both the media and the judges because of his good looks and his charming voice. This has been helping him build a huge fan base during the competition, which is very important to be able to win the American Idol singing competition.
If David wins the contest he is likely to soon become one of the richest and most sought after teens in the USA. To know more information about David Archuleta, do join the David Archuleta Forum which is the unofficial David Archuleta fan forum. The forum is very active with David Archuleta fans and various hot topics of discussion about Archuleta and the American Idol contest. Hope to see you at the David Archuleta Forum!
Posted in World's Richest Men
