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Market Plunges on Crude Surge, HDFC Bank Decline
indiadailymail28d ago

Market Plunges on Crude Surge, HDFC Bank Decline

Indian Stocks Plunge Amid Geopolitical Tensions, Crude Surge Indian stock markets experienced their steepest single-day fall since June 4th, plummeting over 3% on Thursday, reaching levels not seen since February 16, 2024. Market Movers: Nifty 50 closed at 23,002.15, down 3.3%. Sensex mirrored losses, also down 3.3%. Economic Impact: The rupee slumped to a record [...]

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kyfreepress28d ago

Aussie shares hit nine-month low as war wipes $270b

Australia's stock market is trading at its weakest level in nine months after the Iran war and the resulting energy shock prompted multiple central banks to brace for higher interest rates.

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Steers draw big bids at calf sale
snowyrivermail28d ago

Steers draw big bids at calf sale

Strong demand for quality cattle saw prices soar at Bairnsdale's annual calf sale last Friday, with Angus and Hereford steer weaners selling beyond 600 cents per kilogram (c/kg) — a result that delighted vendors and buyers alike.The sale, held at the East Gippsland Livestock Exchange, attracted a yarding of 2272 quality claves, including 1499 steers and 773 heifers, with agents reporting competitive bidding from restockers and feedlot buyers seeking well–bred stock. Pens of Angus and Hereford steers generated some of the standout results, reflecting strong market conditions across southern Australian cattle sales.Livestock agents from Nutrien East Gippsland Livestock and other firms noted the quality of the yarding was excellent, with buyers prepared to pay premiums for cattle showing good growth potential and strong breed lines. The performance of Angus and Hereford types at Bairnsdale follows broader industry trends, where weaner sales in southern Australia have set the stage for a big year in beef markets.Local producers welcomed the results, saying the strong prices will provide confidence moving into the autumn selling season. The Bairnsdale sale continues to play a key role for East Gippsland cattle producers, offering a major regional marketplace for vendors and buyers alike. The post Steers draw big bids at calf sale first appeared on Snowy River Mail .

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