The FBM KLCI gained 3.5 points yesterday on the back of gains chalked up by Genting, Genting Malaysia, Petchem, Tenaga and CIMB. The increase, though marginal, was in tandem with regional bourses, all of which were in positive territory. Overnight, the Dow jumped 83 points while the European markets were also broadly higher. It is likely that positive momentum will continue to lift the FBM KLCI today. Today’s news headlines are Pembinaan BLT, which is under the Ministry of Finance, is raising RM10bn worth of sukuk to fund the construction of police quarters and facilities, Tenaga Nasional signed two agreements worth RM2.1bn for its Ulu Jelai hydroelectric project, Faber received non-renewal notice for two of its contracts in Abu Dhabi worth RM184m annually, and SP Setia is said to be leading the race for the 30-year concession to build and operate the Penang International Convention Centre.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
4 years ago