Still cautious. The underlying tone of the market remained cautious, with investors switching to more defensive names in light of the prevailing geo-political concerns The final day of the current reporting season saw the likes of big cap Maxis unveiling results that were in line while steel companies, Perwaja and Kinsteel disappointed. Maxis also dished out a fourth interim and final dividend of 16 sen/share for the quarter. Meanwhile, AirAsia X has inked a contract to purchase 3 new A330-200s for its route expansion strategy while Felda Global and TNB will be working jointly on a bio-mass plant. The market is likely to consolidate further given the dearth in domestic leads, with the stronger close on the Dow overnight acting as a buffer. After spiking to USD120 per barrel last week on Middle East tensions, Brent crude settled at USD112 per barrel on Monday, providing some solace for the financial markets.
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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Still cautious. The underlying tone of the market remained cautious, with investors switching to more defensive names in light of the prevailing geo-political concerns The final day of the current reporting season saw the likes of big cap Maxis unveiling results that were in line while steel companies, Perwaja and Kinsteel disappointed. Maxis also dished out a fourth interim and final dividend of 16 sen/share for the quarter. Meanwhile, AirAsia X has inked a contract to purchase 3 new A330-200s for its route expansion strategy while Felda Global and TNB will be working jointly on a bio-mass plant. The market is likely to consolidate further given the dearth in domestic leads, with the stronger close on the Dow overnight acting as a buffer. After spiking to USD120 per barrel last week on Middle East tensions, Brent crude settled at USD112 per barrel on Monday, providing some solace for the financial markets.
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