Stock Market Books

Friday, March 21, 2008

KL market is still uncertain

KLCI closed 2.52 points up at 1,189.06. Volume 385m valued at RM 646 m. Up counters: 285, down counters: 376. KLK +70 sen to RM 16, Kencana +16 sen to 1.39

EON Bank sees its credit card circulation increase by 20%-25% to 650,000 this year, in line with market growth. Now has 6% market share.

Konsortium Logistik sees 30% revenue growth for FY08, boost from construction division. In FY07, revenue RM 26.5 m vs RM 14.6 m in FY06.

ECM Libra’s 8.4 m shares or 1.01% done off-market at RM 5.76m or 68.5c a piece. Shares up 1.5 c to 63 sen at 4.02pm.

Crude oil futures at US$101.45, down US$1.10; gold US$916.60, off Monday high of US$1038; but CPO up RM 26 to RM 3,370.00

Maybank inks deal to buy 15% of Vietnam’s An Binh Commercial Joint Stock Bank for RM430m cash, may take up additional 5 % stake later.

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