Follow through buying. The FBM KLCI closed 8.21 points higher at 1,341.08, boosted by gains from Sime, Tenaga and Maybank. Volume also surged to 801.7m shares from 574.3m shares the previous day. Today’s corporate news are: Gamuda and MMC JV plans to bid for RM14bn of tunnelling works for the proposed MRT if the project is approved by the Government, Tenaga reported strong 3QFY10 results, boosted by forex translation gains and stronger electricity demand, while UMW plans to assemble the Toyota Camry locally by 2012. Overnight, the Dow Jones closed marginally higher as the Federal Reserves’ latest revised GDP forecast of 3.0 to 3.5% was less downbeat than initially expected.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
4 years ago