Stock Market Books

Wednesday, April 2, 2008

Most Asian Markets up but we are down

Most Asian markets are up but KLCI closes 10.76 points lower at 1239.65. Sime fell 25 sen to RM 8.90, Maybank fell 20 sen to Rm 8.25, MMC dropped 18 sen to RM 3.14.

Some people said many people are watching the political development in Malaysia because now our Ex-PM is starting a new campaign against our present PM requesting the former to resign.

Sime to invest 34 m euros in Unimills plant in the Netherlands to strengthen position in oils, fats downstream business in Europe.

Standard Chartered Bank targets RM 860 m in deposits by year-end from newsly-launched Business Saver current account for SMEs.

Regulatory framework to merge Main and Second Boards to be completed within 6-12 months, says Bursa CEO.

Bursa targets higher revenue from derivatives segment, up from 15 % last year, as equities expected to contribute smaller percentage.

EB Cap tumbles 25.5 sen or 73 % to 9.5 sen at 9.28am ahead of suspension on April 9 for failing to submit revamp plan.

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