18/4 KLCI closed 11.11 points up at 1267.65. There are 517 million shares traded. TM up 30 sen to RM 11.10, Sime up 20 sen to RM 9.55, but Parkson was down 15 sen to RM 6.30. CPO is up RM 34 to RM 3,598.00
18/4 Sydney Court of Appeal rejects Melewar appeal against dissolution of injunction against ANZ over ANZ sale of Gindalbie Metal shares.
18/4 SC has approved 28 private debt securities valued RM 38.3 b in the first quarter which has double the value in first quarter of 2007. It has also approved 13 of the 15 IPO plans in first quarter, of which 6 are for the Main Board.
18/4 Malaysian Auto Association sees higher vehicle sales in April. March’s sales were up 21 % to 42,547 from 35155 a year ago from fulfillment of backlogs of Proton sales.
18/4 Bursa Malaysia’s first quarter net profit fell 40 % to RM 42.07m from RM 70.15 m a year ago; result due to worries about US sub-prime, local political issue.
Revenue fell to RM 101.25 m from RM 136.1m. EPS is down to 8 sen from 13.5sen.
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