Jittery sentiment. The KLCI slumped 15.67 points, weighed down by concerns over tensions in the Korea peninsula and ongoing debt woes in Ireland. Today’s corporate news include IJM Land and MRCB announcing plans to merge, YLT Corporation intends to streamline all the group’s property assets under YTL Land & Development and Parkson Holdings has acquired a 100% stake in Shantou Parkson for RM37m. Overnight the Dow Jones extended its losses and closed 142.2 points lower, dragged down by a series of daunting events ranging from renewed tensions between the two Koreas to a flare-up in Europe's debt crisis to a growing insider-trading probe on hedge funds. We expect further downside to our market today given the slew of negative news weighing down sentiment.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
4 years ago