Stock Market Books

Tuesday, April 1, 2008

Market last minute rebound

KLCI closes at 1250.4, up 2.89 points because of last minute buying. BCHB is up 35 sen to RM 10.30; IOICorp down 30 sen to RM 6.80. CPO futures fell RM 299 to RM 3096.

Eden, Hong Leong Islamic Bank call off proposed RM 120 m sukuk ijarah issuance programme.

EB Capital shares to be suspended from 9am on April 9 after failing to submit revamp plan. Shares rose 5 sen to 0.35 today.

Media Prima declares special dividend of 9 sen per share totaling RM 56.4 m after sale of property. Ex-date is April 15, 2008.

UBS AG writes down US$ 19b (RM 60.6b) more arising from sub-prime on US real estate, real assets, causing net loss of US$12 b in quarter 1.

KLCI fell 3.42 points to 1244.10 midday. KLK is down by 40 sen to RM 15.80; IOICorp is down 25 sen to RM 6.85. CPO futures slip by RM 322 to RM 3073.

Plantation stocks got hit.

However, EONCap is up 28 sen to RM 4.86.

There are 186 counters up and 333 counters down.

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