Seamec (NSE:SEAMECLTD, BOM:526807) is undertaking a scheduled statutory drydocking of its barge, Seamec Glorious, at SWAN Defence and Heavy Industries' (NSE:SWANDEF, BOM:533107) Pipavav yard in Gujarat, India.
The vessel arrived at the Pipavav Yard on Friday and will return to Mumbai after the completion of drydock, according to a filing to the Indian stock exchanges on Friday.
The company's shares were down nearly 1% in recent trade.
An attack at Zijin Gold International's (HKG:2259) Buriticá mine in Colombia killed one miner and injured another, El Colombiano reported Thursday.The Chinese miner attributed the attack to illegal miners operating clandestine tunnels in the area, the newspaper said.Forces from Colombian paramilitary group Clan del Golfo, which operates in illegal mining corridors around Zijin's mine, allegedly carried out the attack, the newspaper said, citing authorities.Shares rose 1% in Hong Kong during afternoon trading on Friday.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Chinese equities made losses as investors are still concerned despite a tentative agreement to open the Strait of Hormuz.The Shanghai Composite Index lost 0.7%, or 30.07 points, to cap this week's trade at 4,068.57. The Shenzhen Component Index fell 1.8%, or 286.76 points, to 15,575.13.The U.S. said it has reached a tentative deal with Iran, which could extend the ceasefire for 60 more days, but it is not yet signed by President Donald Trump. The announcement was made after both sides launched missile attacks despite agreeing on a ceasefire.Jushri Technologies (SHE:300762) slumped 8% despite receiving the Shenzhen bourse's approval for its share placement plan.Wuhan Huakang Century Medical (SHE:301235) slumped 7% after winning the bid to provide engineering works for the phase I project of the AMEC South China headquarters and manufacturing base for 94 million yuan.Hangzhou Gold Electronic Equipment (SHE:301669) fell 3% after its unit, Jianglong Shipbuilding International, signed $27.1 million worth of shipbuilding contracts with Singaporean shipping operators.
The Taiwan Stock Exchange is considering reforming its odd-lot transactions system and extending trading hours, Bloomberg News reported Thursday, citing the bourse's chairman Sherman Lin.The odd-lot mechanism allows investors to buy or sell less than one standard trading lot of a stock.The exchange is weighing an earlier 9 a.m. start for such trades and faster order-matching cycles, with completion targeted by year-end, Lin reportedly said in an interview.The bourse is in talks with brokers to extend trading hours beyond the current 9 a.m. to 1:30 p.m. window; however, its implementation could take time due to operational complexity, the report quoted Lin as saying.The push comes against a backdrop of a roughly 50% surge in Taiwan equities this year, driven by AI-related demand and strong retail participation, Bloomberg reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)