Stock Market Books

Wednesday, March 12, 2008

CI closed 26.05 higher

CI closed 26.05 points higher to 1232.59 in line with regional gains. Rising stocks led losers 595 to 197. 866 million shares worth RM 2.11 billion were traded.

Khazanah Nasional bought 17 million BCHB shares or 0.5% stake from March 4-6 via open market, up BCHB stake to 700 million shares or 20.76%

Dotcom darling Google wins European commission approval to acquire online ad firm Doubleclick, immediately seals the US$3.1 B(RM 10 Billion) deal.

CPO futures down RM 104 to Rm 3734 at midday; but plantation stocks up.

EPF total income for 4Q 2007 at RM 3.8 b down 8.3% from RM 4.15 b in 3rdQ. Income from equity fell 27 % to RM 881 million in 4Q from 1.14 b in 3Q.

China's yuan at 7.107 to US $1 highest since link ended in July 2005. It plans to se several measures to check 11-year high inflation.

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