Mixed on mild profit taking. Bursa Malaysia ended mixed last Friday on mild profittaking, with finance and plantation stocks leading the decliners. FBM KLCI retreated to close 0.6 pts lower to end last week at 1,489.27 pts although gainers outpaced losers by 524 to 300 while 258 counters were unchanged. Among the key market news are Bank Negara said it will begin to gradually increase motor insurance premiums beginning next year, Hong Kong-based Asia Minerals Ltd plans to build a manganese smelting plant in Sarawak, Datuk TajuddAin Atan is the new Bursa CEO, the Government remains committed to implement the biodiesel B5 mandate in stages from June 2011, AirAsia may raise USD400m in foreign IPOs, TM, which saw net profit surge to RM400.6m, announced a 29 sen a share capital distribution and CIMB rakes in record profit of RM3.52bn. Wall Street stocks piled up steady gains last Friday as Libya jitters eased and investors digested easing oil prices and weaker-than-expected data on US economic growth. The DJIA climbed 61.95 pts to finish at 12,130.45.
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 - 28 February 2011
Mixed on mild profit taking. Bursa Malaysia ended mixed last Friday on mild profittaking, with finance and plantation stocks leading the decliners. FBM KLCI retreated to close 0.6 pts lower to end last week at 1,489.27 pts although gainers outpaced losers by 524 to 300 while 258 counters were unchanged. Among the key market news are Bank Negara said it will begin to gradually increase motor insurance premiums beginning next year, Hong Kong-based Asia Minerals Ltd plans to build a manganese smelting plant in Sarawak, Datuk TajuddAin Atan is the new Bursa CEO, the Government remains committed to implement the biodiesel B5 mandate in stages from June 2011, AirAsia may raise USD400m in foreign IPOs, TM, which saw net profit surge to RM400.6m, announced a 29 sen a share capital distribution and CIMB rakes in record profit of RM3.52bn. Wall Street stocks piled up steady gains last Friday as Libya jitters eased and investors digested easing oil prices and weaker-than-expected data on US economic growth. The DJIA climbed 61.95 pts to finish at 12,130.45.
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