Range-bound. The FBM KLCI lost 1 point to 1474.75 points yesterday in a mixed broad market as gainers outnumbered losers by 398 to 364. Today’s news headlines: include SMR Technologies winning a RM89.5m Ministry of Education contract, KPJ to acquire Australian retirement village operator Jeta Gardens Waterford Trust for RM19m cash, and Tan Chong to acquire a 74% stake in Nissan Vietnam for USD7.4m cash. The US and Europe bourses finished slightly easier last night and without fresh leads, local stocks are likely to be directionless today. The key support and resistance points are at 1457 points and 1500 points respectively.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
6 years ago