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Divergent trend was witnessed on the cotton market on Wednesday as some buyers took interest in the fresh deals, dealers said. The January vaida was unchanged at Rs 674.00 and that proved to be day's best at the same level. It shed Rs 3.00 to be day's lowest at Rs 671.00 and market settled at Rs 673.00.
The March vaida maintained its overnight level at Rs 689.00. In process of trading, it picked up Rs 4.50 to be day's best at Rs 693.50. In process of trading it lost Rs 2.50 to be day's lowest at Rs 691.00 and closing was seen at Rs 691.50, they said.



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JANUARY VAIDA
---------------------------------
Last closing Rs 674.00
Wednesday's opening Rs 674.00
Highest Rs 674.00
Lowest Rs 671.00
Closing Rs 673.00
---------------------------------
MARCH VAIDA
---------------------------------
Last closing Rs 689.00
Wednesday's opening Rs 689.00
Highest Rs 693.50
Lowest Rs 691.00
Closing Rs 691.50
=================================

Copyright Business Recorder, 2007

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