THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, June 19, 2000

• AGRI-BUSINESS
• COMMODITIES
• CORPORATE
• FEATURES
• INDUSTRY
• INFO-TECH
• LETTERS
• LIFE
• LOGISTICS
• MARKETS
• MENTOR
• MONEY
• NEWS
• OPINION

• INFO-TECH
• CATALYST
• INVESTMENT WORLD
• MONEY & BANKING
• LOGISTICS

• PAGE ONE
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Markets

Impact
Pulp: Recovery firms up
THE prices of wood pulp, which had started off 1999 with a feeble recovery, are now on firm ground. In the first six months of 2000, the prices of soft wood pulp have risen by close to 19 per cent. The important aspect is that producers have been able to effect price increases which are getting absorbed. Even a year ago, this was not the case though the uptrend had started.

Stocks
Bullish undercurrent may provide the charge
THE stock markets are poised for a strong upward movement this week. The markets are likely to open higher on Monday and may stay bullish for the early part of the week.


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