Shrimp Stocks Jump as India Eyes Big Chunk of Global Seafood Pie

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 47 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 53%
  • Publisher: 63%

Bloomberg Notícia

Avanti Feeds Ltd.,Growing Global Market,Apex Frozen Foods Ltd.

(Bloomberg) -- Shrimp farmers have been among the hottest stock trades in India this week after the government announced proposals to help local aquaculture ...

-- Shrimp farmers have been among the hottest stock trades in India this week after the government announced proposals to help local aquaculture firms capture a bigger share of a growing global market.Shares of Avanti Feeds Ltd., Apex Frozen Foods Ltd. and Waterbase Ltd. have jumped about 20% each in the past two days after the federal budget was unveiled.

While India is the world’s second-largest aquaculture producer after China, its share of shrimp exports has struggled to cross 20%, according to CareEdge Ratings. Government measures, including reducing wastage through development of the cold-storage chain and testing laboratories, are expected help Indian shrimp garner a better global market share, according to Arindam Saha, a director at the Indian ratings firm.

Independent charity, Vantage Foundation announces its partnership with Backpack 4 VIC Kids , a Victoria-based charity dedicated to supporting vulnerable children. As part of its mission to build strong communities, Vantage Foundation collaborated with a local Australian company for a successful fundraising campaign, garnering enthusiastic support from their staff.

Was Trump Struck By a Bullet or Shrapnel? FBI Director Testifies There's 'Some Question' Around Injury

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 47. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Trump Media, crypto stocks jump as odds of Trump victory rise after shootingPrison operators and gun producers see gains
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »

Trump Media, crypto stocks jump as odds of Trump victory rise after shootingInvestors said trades betting on Trump's victory will increase this week after he was shot in the ear during the rally in Pennsylvania. Shares of Trump...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Singapore Stocks Jump to Two-Year High as DBS, OCBC Hit Records(Bloomberg) -- Singapore stocks rose to the highest level in two years, helped by optimism over major banks’ dividend payouts and elevated Federal Reserve...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

India Traders Sign Off Week With Stock Market Seeing New Peaks, Rising Shipping StocksBefore the trading day starts we bring you a digest of the key news and events that are likely to move markets.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »

BlackRock bullish on U.K. stocks after elections, Japan stocks are top playBlackRock Investment Institute said in a mid-year outlook report that the prospect of higher-for-longer interest rates made inflation-linked bonds attractive
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »