12/8 KLCI closed down 8.68 points at 1,118.78. CPO fell RM 110 to RM 2,561. Oil fell $ 1.39 to $113. Tanjong eroded 40 sen, KLK is down 30 sen, Asiatic dropped 25 sen, EON Cap down 16 sen.
12/8 KLCI falls 8.33points to 1,119 noon. CPO eroded RM 16 to RM 2,655. Oil is recorded at US $113.95. Tanjong is down 20 sen to RM 13.10, KLK slid 20 sen to RM 11.80, Maybank slipped 15 sen to RM 7.65.
AMMB first quarter net profit up 12 % to RM 203m vs RM 181m a yer ago. Revenue is recorded at RM 1.4b vs RM 1.46b. Net lending up 10.6% on annualized basis.
Boustead Heavy Industries second quarter net profit is recorded at RM 34.44 vs only RM 1.5m a year ago. Revenue is RM 111.4m vs Rm 27.5m, boost from shipbuilding. EPS 13.87sen.
UMW subsidiary secures RM 565 m contract to supply drilling rig off Sarawak to JV of Petronas Carigali, Petrovietnam, Pertamina.
SC agrees Oilcorp accounts fro FY 2007 to be-audited by another auditor to determine cost, profitability of project.