Stock Market Books

Wednesday, September 30, 2009

Ramunia posted net loss of RM 26 million in Q3

30/9 FBM KLCI closed 6.13 points lower at 1202.08 points. Losing stocks overwhelmed risers 466 to 199 on volume of 695 mil shares worth RM 1.05 bil.

30/9 CPO futures fell RM 2 to RM 2,103 a tonne, New York crude oil up 46 cents to US 67.17 a barrel, while gold rose US3.9 to US 996.55 an ounce.

30/9 Maybank’s chief Datuk Seri Wahid said unit Bank Internasional Indonesia plans to open 200 new braches over the next 3 years.

30/9 Wilmar International said plans to list China operations in Hong Kong had reached an advanced stage, but no decision on IPO date was made.

30/9 Malaysia and Saudi Arabia set up a RM 8.7 bil joint ventrure company that will spearhead flow of foreign direct investment from the Middle East.

29/9 Ramunia posted net loss of RM 26 mil in Q3 due to diminishing order book and lower project margins. Revenue was RM 89 mil.

29/9 Inflation to be in the region of 1 % to 2 % until end of the year, says Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz.

29/9 European markets down in morning trade with London’s FTSE 100 Index fell 0.3% while Frankfurt’s Day Index dropped 0.46%.

29/9 E& O to bolster its working cap by RM 500 mil to prepare for the launch of about RM 4 bil worth of properties in Klang Valley and Penang, says director.

29/9 Najib: In a bid to reign in fiscal deficit, Government may cut back operating expenditure without affecting efficiency; looking at targeted subsidy.

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