Stock Market Books

Tuesday, November 18, 2008

KLCI closed 0.97 point down to 883.09

18/11 KLCI fell 0.97 point to 883.09 at closing.

18/11 Obama & McCain pledged a "new era of reform" to solve the US economic crisis, transform energy policy & safeguard national security.

18/11 KLCI fell 1.3 points to 882.7 noon. CPO fell RM 10 to RM 1,425. UEM Land rose 11c to 66 c but Utd Plantation dropped 30 c to RM 10.10, KLK erode 15 c to RM 8.25, WCT droppped 12 c.

18/11 UEM Land to raise RM 850 m bank loan from five local banks via Islamic financing. Expect to finalise by March 2009, says MD.

18/11 Pavilion Residences, with GDV of RM 610m fully sold out, completion early 2009. Each condominium cost RM 1.8m and above.
18/11 Government had stopped subsidising pertrol at the beginning of November because of low global prices, says Domestic Trade and Consumer Affairs Minister.

18/11 Light vehicles will enjoy 10 pc toll discount on North-South and Elite highways between midnight and 7am beginning next year: Plus.

17/11 Utd Plantations third quarter earnings increased 58 % to RM 89.9m from RM 56.7m a year ago, boost from higher CPO prices. Declared dividend 15 c net per share.

17/11 KLCI closed 2.4 points up to 884. Oil dropped US $ 1.03 to USD$ 56.00. CPO slid RM 30 to RM 1430, BAT rose 50 c to RM 43.25, Nestle improved 25 c to RM 27.75, KFC jumped 20 c to RM 7.

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