External leads. The market kept its composure to close 2 points higher yesterday despite a slow start in the morning. Overall market breadth was positive, with buying interest centered on financial, consumer and telco related stocks. Among the key headlines for today: (i) MMC inked a second supplemental gas supply agreement with Petronas; and (iii) TNB is spending RM120m to replace its ageing fleet of vehicles. In the absence of fresh domestic leads, the local bourse will continue to track external developments. Overnight, Wall Street greeted the start of the earnings on a positive note with better results from Alcoa on stronger aluminium prices.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
4 years ago