Cautious mode. Share prices on Bursa Malaysia ended easier yesterday, with most indices slipping into negative territory in line with other regional markets. The FBM KLCI fell 6.78 pts to 1,516.91, dragged down by losses in heavyweights MISC and BAT. Turnover shrank to 1.09bn shares, with losers leading gainers 483 to 253 while 280 counters were unchanged. Among the key market news today are Ahmad Zaki wins a RM145m job, Alam Maritim’s unit bags a RM11m deal, KL Kepong drops plan to issue USD300m bonds, Selangor Dredging arm buys London property for RM48.4m, Hong Leong gets nod for USD300m bonds, Singapore’s Straits Trading seeks secondary listing in Malaysia, and Naza TTDI plans 18 new launches this year. Overnight, the DJIA plunged 228.48 pts to finish under the 12,000-mark as US jobless claims rose, China’s export growth slowed and Spain’s credit rating was cut. Therefore, we expect negative sentiment to dog the region’s bourses today.
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
Cautious mode. Share prices on Bursa Malaysia ended easier yesterday, with most indices slipping into negative territory in line with other regional markets. The FBM KLCI fell 6.78 pts to 1,516.91, dragged down by losses in heavyweights MISC and BAT. Turnover shrank to 1.09bn shares, with losers leading gainers 483 to 253 while 280 counters were unchanged. Among the key market news today are Ahmad Zaki wins a RM145m job, Alam Maritim’s unit bags a RM11m deal, KL Kepong drops plan to issue USD300m bonds, Selangor Dredging arm buys London property for RM48.4m, Hong Leong gets nod for USD300m bonds, Singapore’s Straits Trading seeks secondary listing in Malaysia, and Naza TTDI plans 18 new launches this year. Overnight, the DJIA plunged 228.48 pts to finish under the 12,000-mark as US jobless claims rose, China’s export growth slowed and Spain’s credit rating was cut. Therefore, we expect negative sentiment to dog the region’s bourses today.
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