KLCI closed 8.6 points up at 1254.03. There are 801 million shares changed hand valued at RM1.5 billion. There are 473 counters up and 251 counters down.
Counters to monitor are:
MISC + 75 sen to RM 9.00; Public bank-F + 60 sen to RM 11.00; however, Maybank was down 55 sen to RM 8.40.
Shanghai A shares fell 5.43%
Sp Setia quarter net profit RM 48.52 m vs RM 46.74 m a year ago. Revenue RM 303.65 m vs RM 255.2m. EPS 4.81 sen vs 4.65 sen. No dividend declared.
Frontken seeks SC nod for 6-month extension to Oct 11 to place out 47.5 m shares. Shares fell 2 sen to close at 51 sen.
Fitch says Maybank’s BII purchase is slightly negative near term but it brings diversification benefits in longer term to become a regional bank.
Kumpulan Darul Ehsan bought 18.8 m KPS shares or 3.9 % on March 21, upped stake to 285 m or 60%. KPS fell recently on water project concern.
Transmile is up 36 sen to RM 2.47 at 9.17 am, rose 45 sen yesterday. Bursa queried the company but it said it is unaware of the surge. It has announced a net loss of RM 279 million in FY 07.
Tanjong posts RM 554.46 m net profit for FY ended Jan 31, 2008, up from
RM 509.53m a year ago. Final dividend is 34 sen and special dividend is 14 sen.
26/3 AMMB is to roll out Islamic stockbroking ops in Malaysia by June-July, also it is eyeing Vietnam for investment banking.
Post a Comment