Higher close. The FBM KLCI jumped 11.88 points to close at 1,531.82 on Wednesday’s half-day trading session ahead of the Chinese lunar new year holidays. The gains were largely contributed by Genting, which boosted the benchmark index. Malaysia’s exports for December 2010 grew 4.6% y-o-y. Latexx Partners Bhd, which received a takeover offer from Navis Asia VI Management Co Ltd early last week, confirmed that the latter has sufficient resources to carry out the acquisition. Meanwhile, RAM downgrades MAA Holdings’ RM200m commercial papers/mediumterm notes (CP/MTN) program (2007/2014) ratings on negative outlook. Iran’s oil minister said there would be no need for an emergency Opec meeting even if crude oil price hits USD120/barrel since the USD had depreciated substantially. Finally, the US markets finished higher but crude oil lost USD1.51 to end at USD89.03/barrel.
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 - 7 February 2011
Higher close. The FBM KLCI jumped 11.88 points to close at 1,531.82 on Wednesday’s half-day trading session ahead of the Chinese lunar new year holidays. The gains were largely contributed by Genting, which boosted the benchmark index. Malaysia’s exports for December 2010 grew 4.6% y-o-y. Latexx Partners Bhd, which received a takeover offer from Navis Asia VI Management Co Ltd early last week, confirmed that the latter has sufficient resources to carry out the acquisition. Meanwhile, RAM downgrades MAA Holdings’ RM200m commercial papers/mediumterm notes (CP/MTN) program (2007/2014) ratings on negative outlook. Iran’s oil minister said there would be no need for an emergency Opec meeting even if crude oil price hits USD120/barrel since the USD had depreciated substantially. Finally, the US markets finished higher but crude oil lost USD1.51 to end at USD89.03/barrel.
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