02-Sep-2010 12:00 PM

Indian carriers gain on fuel reduction and loan ruling; Hainan Airlines shareholder reduces stake

Analysis

Global stocks surged the most since May-2010 as manufacturing in the US and China grew faster than economists estimated, bolstering optimism in the economy. Shares in the Australian market were also boosted by strong economic data as GDP grew strongly in 2Q2010.

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Indian carriers gain on fuel reduction and loan ruling; Hainan Airlines shareholder reduces stake

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