Stock Market Books

Tuesday, August 26, 2008

KLCI closed 8.23 points down to 1070.50

26/8 KLCI is down by 8.23 to close at 1070.50.

26/8 IOI Corp -22c to RM4.78 at 10.40am. IOI Corp won bid to buy Menara Citibank. Pending pricing details, analysts slightly negative on deal/STARBIZ

26/8 Gek Seng Assets Ltd bought 5.4m Inti Universal shares from open market on Aug 21, ups stake to 15.9m shares or 7.73%/STARBIZ

26/8 Hap Seng Consolidated 2Q net profit jumped to RM145mil or 25.8sen per share vs RM41mil (7.1sen) a year ago; Revenue at RM921mil vs RM572mil/STARBIZ

26/8 KNM Group 2Q net profit up RM96.3mil or 9sen per share vs RM37.08mil (3.58sen) a year ago; Revenue RM599mil vs RM262mil on acquisition/STARBIZ


26/8 KLCI -10.5 pt to 1,068.23 noon. CPO -RM120 to RM2,480. BJLand-LB -46c to RM3.90 (100 shares), Tenaga -25c to RM7.95, BCHB -25c to RM7.90/STARBIZ

5/8 Bank Negara leaves overnight policy rate unchanged at 3.5%, sees domestic inflation to remain high for rest of 2008, early 2009/STARBIZ

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