25/7 KLCI closed 0.16 point up to 1141.75. CPO fell RM 33 to RM 3,080. Ranhill rose 30.5 sen to RM 1.27, BJLand –LB jumped 28 sen to RM 4.08, BCHB shot up 25 sen to RM 8.60.
25/7 YTL power-WB rose 4 sen to 58.5 sen, YTL power rose 4 sen to RM 1.87 very active trade, stock trading trailing PE 7.52 times. 52 week low RM 1.70 on July 4.
25/7 MAS extends Munir Majid’s contract as chairman for another 2 years from Aug 1, 2008 to July 31, 2010.
25/7 Pacific Mas gets Bank Negara nod to start talks with OSK Holdings to sell its unit Pacific Insurance.
25/7 Bank Negara decides to maintain the Overnight Policy Rate at 3.5% ; immediate concern is to avoid economic slowdown.
24/7 KLCI closed 2.18 points higher at 1,141.59 led by Maybank +25 sen and MAS +22 sen. CPO is up RM 73 to Rm 3100 while crude oil is flat at US$124.
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