The Dow factor. The FBM KLCI ended flat yesterday at 1336 points, with gainers edging out losers by 375 to 325. Volume remained relatively light at 845m. Similarly, regional bourses were also flat, reflecting the Dow's performance the previous night. Today’s news headlines are IJM Corp receiving two JKR jobs in Sarawak worth RM246.7m, Mamee-Double Decker announces a dividend policy of distributing at least 50% net profit to shareholders, BlueFire Capital's proposed acquisition of KNM Group's entire business lapses, Supermax revises its profit guidance of 50 sen EPS to 62 sen, AirAsia believed to get rights to fly KL-Seoul route soon. The Dow rose 103 points last night to firmly secure its footing above 11,000-point mark, which should spur a rally in
Asian stocks today.
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Thursday, April 15, 2010
Thursday, April 15, 2010
Market Review
The Dow factor. The FBM KLCI ended flat yesterday at 1336 points, with gainers edging out losers by 375 to 325. Volume remained relatively light at 845m. Similarly, regional bourses were also flat, reflecting the Dow's performance the previous night. Today’s news headlines are IJM Corp receiving two JKR jobs in Sarawak worth RM246.7m, Mamee-Double Decker announces a dividend policy of distributing at least 50% net profit to shareholders, BlueFire Capital's proposed acquisition of KNM Group's entire business lapses, Supermax revises its profit guidance of 50 sen EPS to 62 sen, AirAsia believed to get rights to fly KL-Seoul route soon. The Dow rose 103 points last night to firmly secure its footing above 11,000-point mark, which should spur a rally in
Asian stocks today.
Asian stocks today.
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