Stock Market Books

Friday, July 4, 2008

KLCI closed 19.56 points down to 1134.14 lowest since March 2007

4/7 KLCI closes 19.56 points down to 1134.14 lowest since March 2007. Volume is recorded at 594 m. Kulim dropped 50 sen to RM 8.70, Asiatic eroded 40 sen to RM 7.55, Bursa is down 40 sen to RM 6.45.

4/7 Exports in May surged 22% to RM60.6b from RM 49.67 b a year ago, imports rose 7.9 % to RM 45b vs RM 41.7 b. E&E accounted for RM 24.45 b of exports.

4/7 Kuok Brothers bought 500,000 Transmile shares from June 30 to June 2, ups stake to 48.6m or 17.9%.

4/7 US fund Thamelise Capital ceased to be substantial shareholder of recently listed Innity Corp, sold 1.98m shares, cut stake to 5.49m shares.

5/7 Karambunai, Landlovers Korea mull Korean resort JV in Karambunai peninsular, Sabah. To buy 66.32 acres land for RM 86.6m or RM 30 per sq ft.

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