Bharti Airtel Limited
BOM:532454 ISIN:INE397D01016
News
Asian Activities Report for September 12, 2011 includes: White Rock Minerals Limited (ASX:WRM) updated on exploration activities at its 100%-owned Mt Carrington silver-gold project in northern NSW; Rico Resources Limited (ASX:RRI) announced the discovery of new high-grade iron ore mineralisation within the Wonmunna project in Western Australia; Condor Metals Limited (ASX:CNK) has received all assay results from the first phase of drilling at its Kallona project in the East Pilbara; Northern Star Resources Limited (ASX:NST) announced a host of outstanding high-grade drilling results from its Paulsens Gold Mine in Western Australia; Bharti Airtel Limited (BOM:532454) has been awarded a license to operate 2G and 3G GSM mobile services in Rwanda.
The Australian share market opened slightly lower on Wednesday with weakness in financial stocks. Wall Street has provided a flat lead to the local market. Mining stocks were mixed while commodities prices were firmer. Gold miners gained after gold price hit a record high overnight in London and New York.
Singapore Telecommunications Ltd(SIN:Z74)(ASX:SGT), Southeast Asia's largest phone company, posted a strong growth in its combined mobile customer base in eight markets to 262.2 million during the fiscal first quarter ended June 30, a rise of 64 million customers, or 33% from a year earlier.
Asian markets are likely to post solid gains on Thursday, as U.S. stocks rallied on optimism over a fresh rescue package to help banks to remove toxic assets. The Nikkei stock average rose 1.2 percent on Thursday, buoyed by exporters such as Advantest Corp on a softer yen and after optimism about the U.S. government's rescue plan boosted Wall Street.
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