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Tuesday, August 7, 2007

State Bank of India announce stock split

India's largest lender may split its stock as it sells shares to raise funds, the Financial Express reported, citing an official at the bank it didn't identify. The announcement on the stock split and a sale of shares may be made in the next few months, the report said. State Bank added 45.85 rupees, or 2.8 percent, to 1,681.85.


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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jul 03
04:30 S&P Global Services PMI 2 51.8 51.3 51.3
06:30 ANZ Commodity Price 1 -2.3% 1.9%
07:00 Trade Balance (MoM) 3 2,238M 5,091M 4,859M Revised from 5,413M
07:00 Exports (MoM) 2 -2.7% -1.7% Revised from -2.4%
07:00 Imports (MoM) 2 3.8% 1.6% Revised from 1.1%
12:00 Consumer Price Index (YoY) 3 -0.1% -0.1%
12:00 Consumer Price Index (MoM) 2 0.0% 0.1%
14:00 BoE Credit Conditions Survey 1
14:00 S&P Global Services PMI 1 51.3 51.3
14:00 S&P Global Composite PMI 1 50.7 50.7
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