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Q.

Dear all,
i have 5000 shares of Mercator @ 75. Can i hope that this will come back within 6- 12 month. pls suggest me. thanks

Asked by thakurms, 08 Dec '08 05:45 pm
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Answers (2)

1.

Good stock may go
Answered by Prakash Chauhan, 08 Dec '08 08:10 pm

 
  
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Baltic Dry Index, the global benchmark for freight rates of dry bulk carriers, dropped to more than a 22-year-low, which may see even the existing long-term contracts of Indian shippers being renegotiated. Indian shippers earn at least 50 per cent of their revenue through long-term contracts.

The key index fell to 666, dropping 94.3 per cent in about six months, from its all-time high of 11,689 as the global economy slowed down. Steel producers have been cutting production as demand slumped. This has led even the world's largest steel maker ArcelorMittal to breach contracts for shipping cargos.

The key index fell to 666, dropping 94.3 per cent in about six months, from its all-time high of 11,689 as the global economy slowed down. Steel producers have been cutting production as demand slumped. This has led even the world's largest steel maker ArcelorMittal to breach contracts for shipping cargos.

The key index fell to 666, dropping 94.3 per cent in about six months, from its ...more
Answered by KETAN SHAH, 08 Dec '08 05:51 pm

 
  
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Acquired Quebec Cartier Mining Company. The new name is ArcelorMittal..more

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