Lower finish. The FBM KLCI fell 6.89 points to close at 1,451.19 after investors locked in their profits on some of the heavyweights. YTL Cement Bhd is acquiring a 35.16% equity interest in Perak-Hanjoong Simen SB for RM200m cash, Sunway Holdings Bhd will launch its third property project with a gross development value of RM1.1bn in Singapore soon and Karambunai denies that it has submitted a proposal to the Government to build a casino in Karambunai. Meanwhile, the Sarawak state Govt offers to buy the Bakun dam for RM6bn and total passengers at KLIA in July rose to 3.0m from 2.7m y-o-y. Finally, the US markets surged on Friday as demand for capital goods increased more than expected while crude oil price also ended higher, with crude oil price surging up USD1.31 to USD76.49.
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Monday, September 27, 2010
Monday, September 27, 2010
Market Review
Lower finish. The FBM KLCI fell 6.89 points to close at 1,451.19 after investors locked in their profits on some of the heavyweights. YTL Cement Bhd is acquiring a 35.16% equity interest in Perak-Hanjoong Simen SB for RM200m cash, Sunway Holdings Bhd will launch its third property project with a gross development value of RM1.1bn in Singapore soon and Karambunai denies that it has submitted a proposal to the Government to build a casino in Karambunai. Meanwhile, the Sarawak state Govt offers to buy the Bakun dam for RM6bn and total passengers at KLIA in July rose to 3.0m from 2.7m y-o-y. Finally, the US markets surged on Friday as demand for capital goods increased more than expected while crude oil price also ended higher, with crude oil price surging up USD1.31 to USD76.49.
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