Stock Market Books

Tuesday, July 1, 2008

KLCI falls 11.74 points on Tuesday

1/7 KLCI falls 11.74 points(1%) to 1174.84. BAT dropped RM 1.25 to RM 43, KNM slid 45 sen to RM 5.90, BCHB slipped 40 sen to RM 7.60, Bursa eroded 30 sen to RM 7.15. CPO dropped RM 22 to RM 3,576.


Favelle Favco gets 5 contracts valued at RM 82.7m to supply cranes; Press Metal seeks 600MW from Sarawak Energy over 25-yr for Mukah plant.


Insas, Tan & Tan selling combined 50% stake in Gleneagles Hospital KL Sdn Bhd to Pantai Irama Ventures for RM 171.63.

Global chips sales is recorded at US$21.8b in May, up 7.5% on year and up 2.9% on month, says Semiconductor Industry Association.

SapuraCrest plans US$200m capital expenditure over 2 years to buy supply vessels, drilling rigs. Capex financed from own funds and borrowings

British Virgin Islands-registered Bestempire bought 5.73m Envair shares or 5.85% on June 24, ups stake to 17.84.

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