Stock Market Books

Tuesday, March 11, 2008

market rebounded

KLCI jumped 33.32 points (+2.8%) to close at 1206.54 with 709 rising stocks leading 159 losers. Volumbe was 1.09 billion shares worth RM 2.653 billion.

Court of Appeal gives Indian Corridor, Qualicare 14 days, wef March 7 to hold EGM to seek removal of several Golden Plus directors.

PPB Group allocates RM 300 million mainly for FY08 to expand core business of sugar, flour, for challenging FY08.

JAKS 56 million shares or 1.27% stake done off market at RM 3.64 million or 65 sen each. At 3.30 pm JAKS up 7.5 sen to 69.5 sen.

Wire reported that IOICorp eyes large tracks of plantation land in Sarawak and also plans to build refinery in Europe to boost revenues.

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