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As On 23-Feb-2018
SENSEX
34,142.15
322.65 (0.95%)
NIFTY
10,491.05
108.35 (1.04%)
EQUITY
    No Companies Visited

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  • Commodities Buzz: Fonterra Cuts Its Milk Payout Forecast For 2017-18

    Global Dairy market Fonterra has cut its payout forecast for the 2017-18 season by 35 cents to $6.40 per kilogram of milksolids. Assuming the revised milk price holds, the 35c equates to lost income of $647.8 million based on DairyNZ production figures of 1.85 billion kilograms collected for the 2016-17 milking season, according to media reports. What is driving this forecast is that despite demand for dairy remaining strong, particularly in China, other parts of Asia and Latin America, we are seeing strong production out of Europe and continued high levels of EU intervention stockpiles of skim milk powder, says Fonterra. Fonterra also announced first quarter revenue of $4 billion, up 4% on the same period last year.

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Flash News 24-Feb-2018
  •  ( 12:55) Copthall Mauritius buys 27.50 lakh shares of Jubilant Life  
  •  ( 11:25) IndusInd Bank sells 1.1 crore shares of Jaypee Infratech  
  •  ( 10:47) BNP Paribas buys 42.75 lakh shares of Fortis Healthcare  
  •  ( 09:32) US tightens H-1B visa rules: Reports  
  •  ( 08:17) European stocks close mixed on Friday  
  •  ( 08:15) US stocks rally on Friday on fall in interest rates  
  •  ( 07:25) Aster DM Healthcare listing price fixed at Rs 190  
  •  ( 07:24) Aster DM Healthcare to list on 26th Feb  
Show News
23 February 2018 00:00
406.00
(0.47 %)
1101.90
(-1.29 %)
536.55
(1.24 %)
2988.00
(0.57 %)
425.45
(2.26 %)
310.55
(-0.48 %)
2169.25
(2.26 %)
1824.05
(0.35 %)
1879.80
(1.34 %)
3498.65
(0.47 %)
1323.00
(-0.16 %)
321.30
(1.04 %)
1642.90
(1.14 %)
1155.65
(-0.42 %)
269.05
(0.71 %)
1079.85
(0.67 %)
1302.35
(0.86 %)
719.30
(-0.22 %)
8705.30
(0.63 %)
162.80
(1.43 %)
190.00
(2.04 %)
193.25
(1.20 %)
934.00
(1.09 %)
276.10
(1.28 %)
570.20
(5.17 %)
360.45
(0.53 %)
203.85
(0.69 %)
677.80
(6.26 %)
3076.90
(1.20 %)
294.15
(0.60 %)
323.60
(2.28 %)
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