Middle Eastern jitters. The FBM KLCI closed 5.07 points lower at 1,521.9 with Tenaga, Sime Darby and Petronas Gas being the main drag. The corporate news include Genting group rumoured to be making a bid for Pan Malaysia Pools Sdn Bhd, Digi reporting a 34% y-o-y surge in 4QFY10 earnings that was largely in line with our estimates, MTD Capital directors offering to buy the toll-road assets and liabilities from MTD Prime SB and Metramac Corp SB for RM3.52bn cash and Barisan Nasional retaining the Tenang State Assembly seat by a larger majority. The US markets closed 166.1 points lower last Friday on further concerns that the unrest in Egypt could have a large contagion effect on the rest of the Middle East.
Seminar Jutawan Saham dan CPO anjuran PUABUMI kini KEMBALI sebagai Kem Pelaburan PUABUMI II, 2 hari 1 malam untuk memenuhi permintaan ramai secara eksklusif yang akan diadakan pada 13 Ogos 2011( CPO )dan 14 Ogos 2011, 10.00 pagi-6.00 petang ( EKUITI ) bertempat di Hotel Midah, Kuala Lumpur ... Berminat, sila sms nama dan no kad pengenalan ke 0192009622! Rebutlah peluang keemasan ini... Sila lawati www.boraksaham.com
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MARKET REVIEW - 31 January 2011
Middle Eastern jitters. The FBM KLCI closed 5.07 points lower at 1,521.9 with Tenaga, Sime Darby and Petronas Gas being the main drag. The corporate news include Genting group rumoured to be making a bid for Pan Malaysia Pools Sdn Bhd, Digi reporting a 34% y-o-y surge in 4QFY10 earnings that was largely in line with our estimates, MTD Capital directors offering to buy the toll-road assets and liabilities from MTD Prime SB and Metramac Corp SB for RM3.52bn cash and Barisan Nasional retaining the Tenang State Assembly seat by a larger majority. The US markets closed 166.1 points lower last Friday on further concerns that the unrest in Egypt could have a large contagion effect on the rest of the Middle East.
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