17/10 KLCI closed 14.79 points down at 905.23. Tanjong eroded 60 c to RM 10.50, F&N slipped 45 c to RM 8.10, Maybank was down 35 c to RM 5.10, Gamuda slid 31 c to RM 1.54.
17/10 KLCI +3.5pt to 925.5 at 9.26am. MPI +30c to RM6.65, TgOff-WB +24.5c to 25c, Tanjong +20c to RM11.30m TMI +15c to RM5.15, IJM +12c to RM4.22/STAR
17/10 Bursa Malaysia opens +5.89 points, or 0.64 pct to 925.91/STAR
17/10 Overnight Wall Street +401.35 points, or 4.68 pct to 8,979.26; Light sweet crude –US$4.69 to US$69.85 per barrel/STAR
17/10 Genting ventures into renewable energy, buys 1 m shares of US-based Synthetic Genomics, Inc for US $8m or RM 28.2 m from its founder.
16/10 Govt to fully guarantee all ringgit, foreign currency deposits in banks until December 2010 via Perbadanan Insurans Deposit Malaysia/STAR
16/10 With immediate effect all ringgit, foreign currency deposits with commercial, Islamic and investment banks are fully guaranteed, says BNM/STAR
16/10 Tenaga Q4 losses due to higher coal prices, weaker RM vs US¿ and yen. Sees significant challenge to commissioning 1,400MW Jimah plant/STAR
16/10 Tenaga Q4 net loss RM282.9m vs net profit RM168.4m yr ago. FY ended Aug 2008, net profit RM2.59b vs net profit RM4.06b yr ago. 10c dividend/STAR
16/10 KLCI closed -30pt to 920. CPO -RM127 to RM1,621. KNM off lows, down 0.5c to 68.5c, IOI Corp -34c to RM3.02, KLK -50c to RM8.05, BCHB -40c/STAR
16/10 UEM Group, which is taking over Opus, bought 6.05m Opus shares on Oct 7-8, ups stake to 76.48% or 359.4 m shares.
16/10 The Dow finished down 733.08 points or 7.87 % to 8577.91; Nymex crude oil eroded US$ 4.09 to US$ 74.54 a barrel in overnight trading.
15/10 Putera Capital failed in second appeal against SC decision to reject its revamp plan, to be suspended from trading on Oct 23.
15/10 MMC will not raise offer for Aliran Ihsan at 90c each despite independent adviser recommending shareholders reject offer as it was too low.
15/10 PM asks consumers to use their purchasing power to force down price of goods which have remained high despite petrol reduction.
15/10 PM Abdullah says some projects, including those in economic corridors, might have to be reviewed in view of the global economic slowdown.
15/10 Trading in Loh & Loh will not be suspended from Thursday as its public shareholding spread has increased to 10.05%, says Bursa.
15/10 JT Intl says to maintain dividend policy of 60%, unsure of impact of higher excise duties but expects financial performance better this FY.
15/10 Singapore’s Mercury Pacific Marine holds 29.34% or 86.4m shares of Perisai Petroleum in exchange for selling its SJR Marine stake.
14/10 There is sufficient liquidity in banking system;hence no need to impose bank guarantees on deposits at this points, says Finance Minister.
14/10 Government will announce measures to strengthen economy on Monday, says Finance Minister Najib Tun Razak.
14/10 Bank Negara says local financial system can weather current global financial turmoil. However, it is ready to provide liquidity to financial institutions.
14/10 Public Bank rose 20 c to RM 9 at noon. Its chairman sees local economy soften in quarter 4 and 2009 but predicts that Public Bank will maintain its earnings growth despite challenging operating environment.
14/10 Public Bank third quarter net profit is recorded at RM 616.34m vs RM 543.63m a year ago, revenue is RM 2.79b vs RM 2.41b, EPS 18.37c vs 16.21c, 9-month profit is recorded at RM 1.927b.
9/10 Country’s economy is stable despite the financial crisis faced by global community, says DPM Najib Tun Razak.
9/10 Asia’s insurance industry strong enough to survive current market turmoil, but profits significantly eroded over next year, says S&P.