29/10 The FBM KLCI closed 7.3 points lower at 1241.75 at 5 pm on Thursday

29/10 The FBM KLCI closed 7.3 points lower at 1241.75 at 5 pm. Heavyweights such as Nestle, KLK, Proton, CIMB, Maybank and Bursa led decliners.

29/10 Overnight Dow declined 119.48 points, or 1.21pct to 9762.69; World crude oil prices dived USD 2.09 a barrel to USD 77.46.

29/10 Nestle Bhd posted RM 886.81 mil in revenue for Q3, 7.8% lower than previous corresponding period due to cautious consumer spending.

29/10 Sunrise Bhd to launch three projects next year including two office towers in the vicinity of KLCC and a condo project in Mt Kiara.

29/10 Trading in the securities of Lityan Holdings Bhd will resume
on Friday, Oct 30 after its Practice Note 17 status is removed.

29/10 AirAsia Bhd has revised the delivery dates of eight Airbus A320 aircraft, originally scheduled for delivery in 2011 to 2014 and 2015.

28/10 SP Setia signs joint venture contract with Chinese partner to undertake a mixed development project on 25 acres of land in Hangzhou.

28/10 Digi posted net profit RM 244 mil in Q3 due to well-received segment offerings and steady increase in subscriber base. Revenue was Rm 1.24 bil.

28/10 WCT Bhd and Iskandar Investment Bhd will jointly develop and co-own first residential development worth RM 600 mil in Medini, Iskandar Malaysia.

28/10 Malaysia will phase out the open approved permits (APs) to import used vehicles by end of 2015 and the franchise APsystem by 2020.

28/10 Malaysia will ban imports of used auto parts and components effective from June 2011, MITI said in its National Automotive Policy review.

28/10 MITI will end freeze on manufacturing licence in select segments in the auto industry with no equity condition imposed from Jan 1, 2010.

28/10 Tradewinds board of management has unanimously approved the takeover of Bernas.

28/10 Muar Ban Lee Group Bhd debuts at 75 sen up 10 sen against its IPO price of 65 sen; The FBM KLCI slips 4.04 points to 1,256.26.

28/10 The Dow rebounded 14.21 points, or 0.14 pact to 9882.17 in overnight trading; Crude oil futures advanced 87 cents to USD 79.55 a barrel.

27/10 At 5pm, the FBM KLCI was up 0.38 points to 1260.30; CIMB put on 16 sen to RM 12.78, KLK added 22 sen to RM 15.40, Supermax down 12 sen to RM 3.69.

27/10 Titan Chemicals’ 3Q09 net profit jumps to RM 143.5 mil from RM 9.7 mil a year ago on improved margins and increase in sales.

27/10 Government to decide on implementation of GST by year-end, after completion of social impact study: Second Finance Minister.

27/10 Overnight Wall Street fell for the second straight day, losing 104.22 points to 9,867.96; Crude oil plunged USD 1.82 to USD 78.68 a barrel.