The World Cup effect. The market traded within a tight 4-point band yesterday on extremely thin volume of 502.1m shares. Market breadth was, however, positive from the start, taking the cue from the fairly strong performance of regional bourses led by the Hang Seng and Nikkei. Today’s key corporate headlines are: (i) Sime Darby has appointed Datuk Mohammad Bakke Salleh (formerly MD of Felda Global) as its new CEO; (ii) Petronas Dagangan has appointed Amir Hamzah Azizan as MD/CEO effective 15 June; (iii) soon to be listed Kim Lun expresses interest to partake in the proposed MRT project; and (iv) both Boutstead and KUB inked smallish contracts. Overnight, Wall Street closed little changed after paring down its triple digit gains earlier following the cut in Greece’s credit rating while crude oil price closed at USD74.8 per barrel.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
4 years ago