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Local shares closed up more than 7percentt.
Most brokerage firms here have routinely offered local shares to foreign investors this way.
Reliance would become the first Indian company to convert its local shares into overseas listed securities.
The Nasdaq correction pulled down a number of local shares from their highs.
These come in two kinds: depositary receipts traded in New York, and local shares that only Russians can buy.
Rules prohibits foreigners from buying local shares, which trade at a far lower price than the shares that trade abroad.
Similar(38)
Mr. Silver's plan would also give all localities the option to eliminate their local share of the gas tax, which ranges from 3 to 4percentt.
In Massachusetts, the state finances the 20percentt local share.
Take the persistent "local shared object" in Flash, often called a Flash cookie.
In this regard, local "sharing economy" companies hint at the potential of degrowth solutions.
Councillor Geoffrey Sell said they are also urging local share- holders to attend the bank's AGM this month.
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