Financial Technologies rises 9% on block deal

Financial Technologies rises 9% on block deal
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First Published: Fri, Mar 27 2009. 10 22 PM IST
Updated: Fri, Mar 27 2009. 10 22 PM IST
Mumbai: Shares of Financial Technologies India Ltd, a software supplier to financial market intermediaries, rose 8.69% on the Bombay Stock Exchange (BSE) on Friday, after 3.96 million shares, or 8.63% of its equity, changed hands in a single transaction.
The shares were sold for Rs500 a share. The identities of the buyer and seller in the block deal were not available on the BSE website at the time of filing the story.
Financial Technologies shares closed at Rs567 on Friday.
The company is the promoter of the country’s largest commodity exchange, Multi Commodity Exchange of India Ltd, or MCX.
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First Published: Fri, Mar 27 2009. 10 22 PM IST