KLCI closed 5.39 points up to 927.62

7/1 KLCI closed up 5.39 points to 927.62. CPO fell RM 75 to RM 1,905. UBG rose 51c to RM 3.20, BCHB jumped 40c to RM 10.40, Parkson slid 70 c to RM 3.58, WCT slip 15c to RM 1.14.

KLCI closed 4.10 point up to 876.40

19/12 KLCI closed 4.10points to 876.40 with RM 584mil worth of shares traded; Sime Darby and TNB lost 20 sen each, while Telekom dropped 11 sen.

19/12 KLCI is down 2.54 points at 877.96 at midday; some Asian markets reverse early declines, with stocks higher in Seoul, Sydney and Singapore.

19/12 Government will continue the floating mechanism to determine fuel prices, consumers won't have to pay more than RM 2.70 if prices rise, says Shahrir Samad.

4/12 Perodua sees 6% sales drop next year due to weaker economy. Up to Octobe, sold 142,000 cars and year target 167,000.

KLCI closed down 8.41 to 852.27 on Friday

12/12 KLCI closed down 8.41 to 852.27. Oil fell USD 2.41 to USD 45.57. CPO lost RM 64 to RM 1,580. BAT was down RM 1.25 to RM 42.25, SCGM eroded 27c to 52c.

12/12 KLCI falls 12.2pt to 848.48 midday.

12/12 BTOTO second quarter net profit is recorded at RM 113.74m vs RM 89.47m a year ago. Revenue is RM 941.8 m vs RM 792.5m. It declared a 7c dividend. EPS is 9.06c vs 7.09c.

12/12 US Senate rejects USD 14 b bailout for auto industry after talks fail, sends Asian markets lower at midday, according news reports.

12/12 US Senate fails to pass the US 14 bil emergency bailout for US automakers, talks collapse over union wage cuts.

12/12 UN report ranks Malaysia the 3rd in Asia, behind India and China, in number of effort put into reducing carbon-emission.

12/12 Asia Bioenergy Technologies Bhd debuts at 28 sen, up 2.2 sen against its IPO price of 25.8 sen; the CI eases 3.75 points to 856.93.

12/12 Overnight Dow closed at 8565.09, down 196.33. Crude oil jumped USD 4.46 to USD 47.98 a barrel.

KLCI closed up 1.78 to 847.53

3/12 KLCI closed up 1.78 to 847.53. CPO fell RM 36 to RM 1567. DiGi jumped 80 c to RM 21.40, Kulim-WB increased 21 c to RM 2.69, Lii Hen rose 16 c to 50 c, BAT dropped 75 c to 45.25.

Crude oil ended at USD 46.96, down USD 2.32.

2/12 YTL Power purchasing 100pct of PowerSeraya from Temasek at enterprise value of 3.8b Singapore dollars, including 200 mil dollar net debt.

2/12 Fuel prices down 10 sen effective midnight tonight, RON 97 petrol at RM 1.90 per litre, diesel and RON92 petrol at RM 1.80 per litre: PM's office.

1/12 KLCI closed down 17.7points to 848. CPO fell RM 20 to RM 1612.

3/12 MMC says Zelan board lets contract of CEO Albert Chang to lapse Jan 31 at his request. MMC will pick ED to spearhead company with current COO.

3/12 MMC says plans to grow 39% owned Zelan into regional engineering, procurement, construction and commission power plant contractor.

2/12 US President-elect Barack Obama has nominated former rival Hillary Clinton as his secretary of state.

1/12 Tenaga in proposed JV with Felda Palam Industries, Electric Power Devt for 10MW Jenka biomass power project in Pahang, Tenaga to own 24.5%.

3/12 Petronas shuts down indefinitely processing plants in Kertih including JV plants in Kuantan due to low demand, says chairman.

KLCI closed 3.84 point down to 866.14

KLCI eroded 3.84 to close at 866.14. Gainers 255, losers 408 and there 207 counters untraded. Volume is recorded at 5.82 mil shares.

20/11 MISC second quarter net profit fell 29% to RM 450m from RM 639m a year ago due to losses in liner business. Revenue is recorded at RM 4.45b vs RM 3.17 b a year ago. It declared a 15 c dividends.

19/11 Allianze Malaysia calls off talks with Idaman Unggul over its proposed acqusition of the entire stake in Tahan Insurance Malaysia.

19/11 The EU is urging South-East Asia to speed up trade negotiations between the two blocs to minimise impact of global financial crisis.

19/11 Sime Darby is making foray into China's downstream palm oil business via JV with Chinese government-linked company Dongguan Sinograin Oils & Grains.

19/11 BNP Paribas, Natixis Transport Finance seal USD 336 m sharia financing for AirAsia 8 Airbus 320-200 aircraft.

18/11 The cabinet has agreed in principle to give land to asli for housing and agriculture, says Rural and Regional Minister Muhammad Mat Taib.

18/11 overnight Dow settled 223.73 points down to close at 8273.58.

17/11 Plus third quarter net profit fell to RM 241.7m from RM 286.2m a year ago, due to lower toll collection followintg increase in fuel price on June 5.

17/11 Tan Chong Motor third quarter net profit surged to RM 95.4m from RM 33.17m a year ago, boost from new models, greater cost efficiency. Revenue is recorded at Rm 1 b.

17/11 Moody's has negative outlook for all three shipping sectors of dry bulk, tankers, and liners in Asia Pacific over the next 12-18 months.

17/11 Government has paid out RM 2.5 bil in petrol rebate from June 14 to Oct 31 to 5.66 mil motorists, says the Deputy Finance Minister.

16/11 Bank Negara Governor Dr Zeti Aziz and economist Jomo Sundaram appointed to UN taskforce to examine possible reforms of global financial system.

KLCI closed 13.61 points up to 869.98

27/11 KLCI rose 13.61 to close at 869.98. Other markets also perform quite well.
United States Stock Market Dow closed at 8726.61, up 247.14,
Nasdaq closed at 1532.10, up 67.37, S & P 500 887.68, jumped 30.29,Nikkei closed at
8373.39, rose 160.17, Hang Seng closed at 13552.06, up 182.61, Shanghai closed at
1917.86, up 19.97, Singapore Stock Market Straits closed at 1710.52, -0.61
Jakarta Stock Exchange Jakarta closed at 1202.07, 8.92

Ramunia eroded 0.145 c to close at 0.465.

24/11 KLCI fell 11.49 points to 855.39 at close. CPO rose RM 15 to RM 1,475. Oil at USD 49.

24/11 Bonia will focus on expanding export markets, especially Saudi Arabia and Vietnam. It will seek higher contribution from Singapore also.

24/11 Amanah Saham Nasional announces income distribution of 7 c per unit for ASN 3 Imbang for FY ended Nov 30. NAV of ASN 3 at 94 c on Nov 21.

24/11 US will invest USD 20 b in Citigroup, back by USD 306 b loan pool. US will also use all resources to preserve banking institutions, says wire report.

KLCI closed 0.97 point down to 883.09

18/11 KLCI fell 0.97 point to 883.09 at closing.

18/11 Obama & McCain pledged a "new era of reform" to solve the US economic crisis, transform energy policy & safeguard national security.

18/11 KLCI fell 1.3 points to 882.7 noon. CPO fell RM 10 to RM 1,425. UEM Land rose 11c to 66 c but Utd Plantation dropped 30 c to RM 10.10, KLK erode 15 c to RM 8.25, WCT droppped 12 c.

18/11 UEM Land to raise RM 850 m bank loan from five local banks via Islamic financing. Expect to finalise by March 2009, says MD.

18/11 Pavilion Residences, with GDV of RM 610m fully sold out, completion early 2009. Each condominium cost RM 1.8m and above.
i
18/11 Government had stopped subsidising pertrol at the beginning of November because of low global prices, says Domestic Trade and Consumer Affairs Minister.

18/11 Light vehicles will enjoy 10 pc toll discount on North-South and Elite highways between midnight and 7am beginning next year: Plus.




17/11 Utd Plantations third quarter earnings increased 58 % to RM 89.9m from RM 56.7m a year ago, boost from higher CPO prices. Declared dividend 15 c net per share.

17/11 KLCI closed 2.4 points up to 884. Oil dropped US $ 1.03 to USD$ 56.00. CPO slid RM 30 to RM 1430, BAT rose 50 c to RM 43.25, Nestle improved 25 c to RM 27.75, KFC jumped 20 c to RM 7.

KLCI fell 14.96 points to 1069.40

19/8 The KLCI fell 14.96 points to 1,069.40 at midday with 193 million shares traded; top losers DiGi (-50sen), Glenealy(-28sen), BAT(-25 sen)

KLCI closed 1.48 points higher to 1276.09

KLCI closes 1.48 points to 1276.09. Tenaga was up 30 sen to RM 7 but Maybank was down 30 sen to RM 7.70. PK Resources will be taken over at 60 sen a piece, up 24.5 sen to 99 sen.

Total volume traded today is 623 million shares.

Malaysia’s March exports rose 5.3% to RM 51.57 b, highest export value for month of March. Imports was up 2.6 % to RM 43.59b. Trade surplus was RM 7.89 b.

Silver Bird Group (SBG) to make bakery, confectionery under Tabung Haji new brand name. Tabung Haji owns 29.4 % of SBG, no plans for MGO.

Singapore-listed Nucleus Electronics buys 19m or 7.8% stake in Supercomal, ups stake to 15.64% or 38 m shares. Shares bought at 13.5 sen each.

Currency traders will not be allowed to borrow Ringgit for trading, sale to ensure 1997 currency crisis doesn’t recur: Second Finance Minister.

KLCI closed higher to the surprise of the investors

KLCI Closed up 8.86 points to 1288.16. There are 921 mil traded which are worth RM 1.45b. Telekom up 49sen to RM 3.54 against reference price of RM 3.05

Ringgit at new 10-yr high of 3.1310 against weakening US dollar. Foreign funds are in?

In the morning, DJIA fell 104.79 points or 0.82 % to 12,720.33 on oil's record high of nearly US 120 a barrel, worries of inflaiton, weak consumer spending.

KLCI closed a bit down

KLCI falls 0.70 point to 1279.30. There are 618 mil shares traded which are worth RM1.145 b. Up counters 354 and down counters 300.

KLCI closed up 11.11

18/4 KLCI closed 11.11 points up at 1267.65. There are 517 million shares traded. TM up 30 sen to RM 11.10, Sime up 20 sen to RM 9.55, but Parkson was down 15 sen to RM 6.30. CPO is up RM 34 to RM 3,598.00

18/4 Sydney Court of Appeal rejects Melewar appeal against dissolution of injunction against ANZ over ANZ sale of Gindalbie Metal shares.


18/4 SC has approved 28 private debt securities valued RM 38.3 b in the first quarter which has double the value in first quarter of 2007. It has also approved 13 of the 15 IPO plans in first quarter, of which 6 are for the Main Board.

18/4 Malaysian Auto Association sees higher vehicle sales in April. March’s sales were up 21 % to 42,547 from 35155 a year ago from fulfillment of backlogs of Proton sales.

18/4 Bursa Malaysia’s first quarter net profit fell 40 % to RM 42.07m from RM 70.15 m a year ago; result due to worries about US sub-prime, local political issue.

Revenue fell to RM 101.25 m from RM 136.1m. EPS is down to 8 sen from 13.5sen.

KLCI closes 10.77 pts up at 1244.20

KLCI closes 10.77 points up at 1244.20. There are 440 million shares traded valued at 1 billion ringgit. TM was up 30 sen to 10.80, MBSB rose 26 sen to 1.39, IOICorp went up 15 sen to 7.15.





Government sees rising commodity prices, slower economic growth could impact plan to achieve fiscal deficit of 3.1% this year, says Nor Mohamed.


Oil and gas services provider Dayang’s public issue of 17.6 m new shares at RM 1.45 each was oversubscribed 8.39 times. It is scheduled to be listed on April 24.

Seadrill ups Sapuracrest stake to 17.44% or 203.82 m shares after buying 10 m shares from April 7 to 10.

SC charged Welli Multi ex-MD Ang Sun Beng and ED Ang soon An with 4 counts of giving misleading financial statements to SC.

Public bank reports net profit of RM 717 mil for first quarter ended March 31, up 51 % from RM 476 mil a year ago. Pre-tax profit was up 44% to RM 971 m.

Chevrolet will expand its manufacturing arm to Malaysia, but the details are to be finalized in a few months, says its SEA operations president.

Carrefour hopes to have 24 stores by 2010, from 13 now, says its MD. This year it plans to open 3 to 4 stores. Each store will cost RM 10 m to RM 15 m.

Tenaga quarter 2 net profit stands at RM 1.06 b vs RM 1.55b a year ago. EPS stands at 24.5 sen vs 36.3 sen. Revenue is RM 6.1b vs RM 5.68b.

KLCI was down on Monday

KLCI closed down 13.36 points at 1233.43. There were 355 m shares traded, down counters 470 and up counters 172

KLK was down 50 sen to RM 16, IOICorp also slip 30 sen to RM7, Sime was also down 25 sen to RM 8.85.

Malaysia market might not perform in view of poor showing for Wall Street on Friday

The US market stumbled Friday after a disappointing first-quarter report from General Electric Co. surprised the market and stoked concern about the health of both corporate profits and the wider economy.

The major indexes fell more than 2 percent, with the Dow Jones industrials giving up more than 250 points.

Normally the poor showing in the US will affect the performance of our market on Monday.

fund buying into KLCI

Some fund buying of big capitalised stocks including Public Bank, Telekom and Bursa lifted the KLCI in the morning session while the ringgit hit a high of RM3.1510 against the US dollar, the highest since it was de-pegged.

At midday, the KLCI was up 6.15 points to 1,233.89; the FBM Emas added 42.2 points to 8,346.24 while the FBM Second Board lost 35.14 points to 5,719.54.

At the end of the day, KLCI was up 20.45 points to 1248.19.

Turnover was 640.107 million shares valued at RM1.40 billion. There were 483 gainers, 194 losers while 245 counters were unchanged.

Major Asian markets were mostly lower, with Japan’s Nikkei 225 sliding 132.76 points or 1.01% to 12,079.13; Singapore’s Straits Times Index lost 0.52% to 3,073.63 while Shanghai’s A Share Index gave up 0.21% to 3,574.11. However, Hong Kong’s Hang Seng Index rose 0.22% to 24,036.87.

Light crude oil futures were trading at US$110.85 (RM353) per barrel, while crude palm oil futures rose RM66 to RM3,391 per tonne.

At Bursa Malaysia, Telekom rose 20 sen each to RM10.80 while Bursa added 25 sen to RM8.70. DiGi and Tanjong added 10 sen and 70 sen each to RM23.70 and RM16.40 respectively.

Litrak rose 14 sen to RM3.88 on its RM1 cash distribution per share plan. Its major shareholder Gamuda added 26 sen to RM3.36.

Asian currencies hit record highs against US dollars. Ringgit is at 3.15 against the dollar which is the strongest since de-peg, Singapore is at 1.362 to a dollar and yuan is at 6.9916.


Wah Seong unit Petro-Pipe (Sabab) gets RM 390 m contract to supply pipes for Sabab-Sarawak gas pipeline.

Singapore’s GDP surged an annualized 16.9% in first quarter, boosted by drug firms, after shrinking 4.8% in quarter, the wire reported.

Market up 4.64 on April 8

KLCI was up 4.64 to 1225.71.There were 471 m shares changed valued at RM 1.051 billion. Riser 305 and loser 302.

KLCI closed down 0.91

KLCI closes 0.91 pt down at 1221.07. There are 428 m shares changed hand valued at 859 m. There are 254 counters rise and 343 counters down. Bursa is down 25 sen to Rm 8.65, Tenaga also is down by 15 sen to RM 7.15. However, TM is up 20 sens to RM 10.70.

Goldman Sachs sold 1.8 m RCE Capital shares from March 28-April 1, cut stake 41.48m or 5.79%.

Trading of Sin Chew, Nanyang Shares are to be suspended from 9am this Thursday for share exchange in Ming Pao Enterprise.

Software giant Microsoft has given Yahoo till April 26 to respond to its offer to buy out the Internet company for RM 142 bil.

KLCi down again

KLCI closes 14 pt down at 1225.58. There are 201 counters up and 463 counters down. Digi fell 50 sen to RM 23.70; Sime fell 30 sen to RM 8.60.

CPO futures is up RM 124 to RM 3294.

Octagon Consolidated ‘s 6 m shares or 3.55% stake done off-market at RM 5.7 m or 95 sen each. Shares were untraded at 93.5 sen at 3.15pm.

MTD Capital raises stake in Metacorp to 79.27% or 538.42m shares after buying 4.18m shares on March 26 from the open market.

Dijaya Group CEO Tan Chee Sing’s total stake in Sunrise rose to 31 m shares or 6.9% after Phoenixflex bought 8m shares on March 26.

KLCI closed down by 11.83 on the last day of March

KLCI closes 11.83 points lower at 1246.58 . KLK down 30 sen to RM 16.20
Hang Seng index dropped 3%, shanghai A also down by 3 %. Nikkei 225 also dropped by 2.3%.

Barron’s says commodity prices may fall by half as value of corn, wheat, copper overshoot on speculation. CPO fell RM 148 to RM3402 at 4pm.


MAS places order for 35 Boeing B 737-800 aircraft, option for 30 more, at total cost of US$4.2 bil(RM13.4bil).

Kub sells Kub.Com building in KL to Park Residence Development for RM 86.5 m. Kub bought it in 1999 for RM62.3 M.

Multi-Code lodges police report over certain transaction of bank accounts without supporting documents by ex-MD, certain ex-directors.

Proton is recalling all 34,000 Savvy cars for free inspection over possible problem with rear-wheel bearing,

Fish rearer Xian Leng FY Jan 31 net profit at RM 1.7m, down 75% from RM 7 m a year ago. Quarter 4 loss RM 701,000 from RM 2.28 m profit a year ago.

Bursa Securities allows OCI appeal against delisting. OCI has until April 30 to submit regularization plan.

Kookmin Bank says to sell 25 % stake in Singapore’s Sorak to Maybank for US$378m(RM1.2 b). Sorak own 56% of Bank International Indonesia.

There is no plan to raise the price of rice in view of surging prices of commodities, says DPM. He said that the government is monitoring and stepping up efforts to increase supply.