Seven KEC International Employees Abducted In Afghanistan; Shares Fall

Gold Silver Reports (GSR) – Seven KEC International Employees Abducted In Afghanistan; Shares Fall – Shares of the Mumbai-based power transmission company fell as much as 3.7 percent to Rs 410.80. The company in a clarification to stock exchanges said that its seven employees which include six Indian citizens and one Afghan national have been abducted in Afghanistan.

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Stocks To Watch: Fortis Healthcare, ICICI Bank, NHPC, Bodal Chemicals

Gold Silver Reports (GSR) – Stocks To Watch: Fortis Healthcare, ICICI Bank, NHPC, Bodal Chemicals – The dollar drifted from a recent high. Equity benchmarks in Japan fluctuated and gained in Australia. Hong Kong futures climbed alongside S&P 500 Index futures. The MSCI Asia Pacific declined for a second consecutive week last week.

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Gift to Family Helps Wipe $2.6 Billion Off PC Jeweller Share Price

Gold Silver Reports (GSR) – Gift to Family Helps Wipe $2.6 Billion Off PC Jeweller Share Price — PC Jeweller Ltd. slumped about 40 percent in the past week after the company said that one of its founders, P.C. Gupta, made the gifts in off-market trades. While the shares rebounded 44 percent Friday, they’re still down 70 percent from the Jan. 19 record and the company’s market value has shrunk to 68.9 billion rupees ($1 billion).                      

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