Australian Carsales.com, on Monday, announced that it will purchase the remaining 51% stake in U.S.-based Trader Interactive for $809 million. The online auto classifieds firm is planning this move a year after buying 49% in the Virginia-based online advertising company. Carsales.com in May 2021 has already paid $624 million for the 49% stake it holds in Trader Interactive.
Open FlipNSE has put a total of four stocks under the ban for trade on Monday, June 27, 2022 in the futures and options (F&O) segment as they have crossed 95% of the market-wide position limit (MWPL). These four stocks include RBL Bank, Indiabulls Housing Finance, Sun TV and Delta Corp. No fresh positions are allowed for any of the F&O contracts in these stocks as long as they are under the F&O ban.
Open FlipAsian shares surged on Monday amid improved risk sentiment after Wall Street rebounded robustly at the closing hours of the previous week. Japan's Nikkei zoomed 1.04%, while Australia's benchmark rallied 1.69%. Chinese blue chips improved 0.54% and Hong Kong's Hang Seng surged 1.46%. South Korea's Kospi advanced 1.65%. MSCI's broadest index of Asia-Pacific shares gained 1.31%.
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