Index hits 2 year high. FBM KLCI closed 10.28 points higher at 1,328.22, the highest since March 2008, prompted by plantation stocks like Sime Darby, KL Kepong, IOI Corp and Batu Kawan on expectations that the palm oil industry will remain strong. Among the key market news today include, Gamuda Land in a RM6bn Vietnam venture, HKbased Sun Bear to invest RM5.2bn in a solar glass plant in Sabah, TRC unit clinches
RM46m project in Northport, Ramunia subsidiary served with an injunction to stop the disposal of assets owned by MS Herkules, TM to launch the HSBB on March 24, Apex Healthcare proposes 1-for-4 bonus and the Ringgit rising to an 18-month high. Overnight, the DJIA was up a marginal 2.95 pts to 10,567.33 with many US stocks rising on optimism about the economy with improved data on U.S. wholesale inventories. This may help to sustain the local market sentiment today.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
4 years ago