Archive for October, 2013

Key index sees slight gain

Thursday, October 31st, 2013

THE Straits Times Index (STI) ended 0.67 per cent higher. The FTSE ST Mid Cap Index gained 0.16 per cent while the FTSE ST Small Cap Index declined 0.39 per cent. Of the actives, ValueMax rose 1.86 per cent each, UOB added 1.25 per cent, DBS gained 0.84 per cent and Golden Agri-Resources advanced 2.66 […]

UK’s Weir Group to invest STG70m here

Thursday, October 31st, 2013

WEIR Group Plc, the United Kingdom’s biggest supplier of pressure pumps, will invest STG70 million (RM353 million) in new plants in Malaysia as part of its strategy to expand into emerging markets. The three-year project to build a campus to the south east of Kuala Lumpur will expand Weir’s production of high quality castings and […]

IOI Property Berhad, Jan 2014

Thursday, October 31st, 2013

PUTRAJAYA: IOI Corp Bhd has received shareholders’ nod for the demerger of its property arm IOI Properties Bhd, said group executive chairman Tan Sri Lee Shin Cheng. He said that upon completion of the exercise, IOI Properties would be listed on Bursa Malaysia in January next year. “We are now in the final stage and […]

Higher after Wall Street rally

Thursday, October 31st, 2013

The FTSE Bursa Malaysia KLCI (FBM KLCI) finished 1.73 points higher at 1,817.38, after moving between 1,812.66 and 1,818.89 throughout the day. Total volume slipped to 1.71 billion shares worth RM1.801 billion from 1.81 billion shares valued at RM1.89 billion on Tuesday. Gainers led losers by 428 to 370, while 363 counters traded unchanged. HwangDBS […]

My eSignal Day Trading Set-Up

Thursday, October 31st, 2013

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Hohup – Breaking Heaven Soaring Sky

Thursday, October 31st, 2013

As we are reaching the end of October 2013, usually this day will always be “marked” by the local giants in a manner to create a better history in the Malaysian share market KLCI index. The 1st month of the 4th quarter of 2013 had mark some remarkable event like the Malaysian Budget 2013 which […]

iGene unveils digital autopsy for UK mart

Thursday, October 31st, 2013

LONDON: Malaysian advanced medical informatics company iGene Sdn Bhd on Tuesday launched the first state-of-the-art digital autopsy facilities for the United Kingdom, the first country to adopt what it claims as revolutionary technology. The facilities in the UK will involve an investment of STG50 million (RM252.5 million) over the next two years and will be […]

MBSM SUKUK, SC Approved!

Thursday, October 31st, 2013

PETALING JAYA: Malaysia Building Society Bhd’s (MBSB) proposal to issue its sukuk programme is in line with analysts’ expectations. This exercise is according to its plan to beef up its operations by enlarging its deposit-taking and credit expansion capacity, given its tightening liquidity position as reflected by the high net loan-to-deposit and wholesale ratio of […]

Ringit slips on weak risk appetite

Thursday, October 31st, 2013

RINGGIT KUALA LUMPUR: The ringgit closed lower against the United States dollar for the third day yesterday, dampened by weak risk appetite among investors, dealers said. At the close, the local note fell against the greenback to 3.1461/1490 from 3.1440/1470 on Tuesday. Against other major currencies, the ringgit was traded mixed. The local currency closed […]

Palm futures rise boosted by demand

Thursday, October 31st, 2013

CPO FUTURES KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives closed on a firm note again yesterday, boosted by better demand, a dealer said. Spot month November 2013 surged RM85 to RM2,585 a tonne, December 2013 climbed RM50 to RM2,557, January 2014 appreciated by RM49 to end the day’s trade at RM2,547 […]