Stock Market Books

Tuesday, April 29, 2008

KLCI closes down 11.66 points to 1283.65.

KLCI closes down 11.66 points to 1283.65. Tanjong was down 50 sen to RM 16, TM Int dropped 35 sen to RM 7.20, Asiatic slipped 20 sen to RM 8.30, PBBank-F down 20 sen to RM 11.50.

Bank Negara leaves Overnight Policy Rate unchanged at 3.50% forecasts inflation at 2.5% to 3 % this year.

Azim Raya ceases to be Equine substantial shareholder after selling 15.75m shares or 8.18% stake in off-market deal for Rm 10 m on April 21.

Lavista disposed of 7m Encorp shares for RM 5.84m or 83.4c each on April 21,cuts Encorp stake to 29.81% or 66.63m shares.

DIGI first quarter net profit at RM290m, up 18% on year to year, revenue at RM1.17B, up 15%. Average revenue per user at RM58, customer base at 6.65m.

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