Weaker sentiment. The FBM KLCI succumbed to profit taking, closing 5.07 points lower to 1,459.6, taking the cue from weakness in the regional markets. Selling was witnessed in key heavyweights such as Tenaga and Axiata. Today’s corporate news are Bank Negara Malaysia has rejected Primus’ Ng Wing Fai from being re-appointed EON Capital director, Selangor’s Menteri Besar has hinted that the state is unlikely to agree on a water tariff hike in Selangor, Gamuda reported a 77% y-o-y growth in 4QFY10 earnings that were within expectations and Genting Malaysia has paid USD380m for the New York rcaino upfront licensing fee. Overnight, the Dow Jones closed marginally higher, underpinned by hopes of further stimulus action by the Fed to help tackle the US’ persistently high unemployment.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
5 years ago