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Agrium Inc., major retail supplier of agricultural products and services, and AWB Limited, Australia's statutory grain marketing authority, declared that the stock holders of AWB have backed the Scheme of Arrangement about the projected acquirement by Agrium of AWB, pursuant to the implementation deal announced on August 19 this year.

The stockowners of AWB supported Agrium's acquisition of all issued as well outstanding shares held in AWB, with 97.8% of shares and 80% in number of shareholders backing up the deal.

Nickel yesterday traded with the positive node and settled 0.08% up at 1019 recovering all of its

Zinc yesterday traded with the negative node and settled -1.22% down at 105.45 tracking weak trend in

Stock market analyst Sudhanshu Pandey of FRR Shares and Securities has maintained 'buy' rating on Syndicate Bank stock with a target of Rs 165.

According to analyst, the stock can be purchased on dips around Rs 155-153 with a stop loss below Rs 150.

The stock of the company, on Nov 15, closed at Rs 158.05 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 160.40 and a low of Rs 80 on BSE.

Current EPS & P/E ratio stood at 16.79 and 9.62 respectively.

Copper settled firm in anticipation of higher prices as demand continues to strengthen.

Crude oil prices bounced higher rebounding as expectations for firmer demand going forward offset concerns about euro zone debt and Chinese interest rate hikes that helped pressure oil prices. Global oil demand will climb by 2.3 million barrels a day to 87.3 million this year, the Paris-based International Energy Agency said in a report last week. That’s up 200,000 barrels from the projection in October. Chinese consumption will climb 800,000 barrels a day to 9.2 million in 2010, the report showed. Now support for the crude is seen at 3824 and below could see a test of 3795. Resistance is now likely to be seen at 3881, a move above could see prices testing 3909.