Closed lower on selling pressure. The FBM KLCI was down by 10.23 points to close at 1,311.20 on selling pressure of selected blue chips and lower liners. The Securities Commission expects to release the second Capital Market Master Plan for 2011 to 2020 by year end. EONCAP Islamic Bank plans to increase its asset contribution to the group to 20% in 3 years time through the introduction of more Islamic deposit products.
Naim Holdings signed a MOU with Libya’s General Board of Privatisation and Investment to produce a concept for Solar Oasis. Encorp plans to raise RM134.1m for new projects and working capital through a renounceable right issue and placement of nominal value 5-year 6% redeemable convertible secured loan stocks at RM1 each.
Finally, US stocks closed mix on Friday with crude oil price marginally down by USD0.06 to close at USD81.24.
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Monday, March 15, 2010
Monday, March 15, 2010
Market Review
Closed lower on selling pressure. The FBM KLCI was down by 10.23 points to close at 1,311.20 on selling pressure of selected blue chips and lower liners. The Securities Commission expects to release the second Capital Market Master Plan for 2011 to 2020 by year end. EONCAP Islamic Bank plans to increase its asset contribution to the group to 20% in 3 years time through the introduction of more Islamic deposit products.
Naim Holdings signed a MOU with Libya’s General Board of Privatisation and Investment to produce a concept for Solar Oasis. Encorp plans to raise RM134.1m for new projects and working capital through a renounceable right issue and placement of nominal value 5-year 6% redeemable convertible secured loan stocks at RM1 each.
Finally, US stocks closed mix on Friday with crude oil price marginally down by USD0.06 to close at USD81.24.
Naim Holdings signed a MOU with Libya’s General Board of Privatisation and Investment to produce a concept for Solar Oasis. Encorp plans to raise RM134.1m for new projects and working capital through a renounceable right issue and placement of nominal value 5-year 6% redeemable convertible secured loan stocks at RM1 each.
Finally, US stocks closed mix on Friday with crude oil price marginally down by USD0.06 to close at USD81.24.
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