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Latest News
IJM likely to get more than half of Europlus highway job
Sat, 28 Jan 2012 02:03:34 +0800
Europlus could give IJM Corp up to RM4 billion worth of job to help build the highway from Banting in Selangor to Taiping in Perak, they said. Meanwhile, Europlus' shares rose to its nine-month high after announcing on Thursday that it had officia...   more...

US Fed's rate decision positive for ringgit
Sat, 28 Jan 2012 02:11:02 +0800
THE US Federal Reserve's (Fed) decision to keep interest rates on hold until "at least 2014" is positive for the ringgit as it supports capital inflows, says Standard Chartered Bank (StanChart). The bank has raised its foreign exchange (forex) rat...   more...

BNM: More measures to attract regional players
Sat, 28 Jan 2012 00:55:18 +0800
KUALA LUMPUR: Bank Negara Malaysia (BNM) will continue to introduce measures to broaden the participation of regional players in the domestic market through progressive liberalisation of the foreign exchange administration rules and the development o...   more...

HwangDBS makes 'buy' call on Boustead due to good prospects
Sat, 28 Jan 2012 01:03:57 +0800
KUALA LUMPUR: HwangDBS Vickers Research Sdn Bhd has recommended a "buy" for Boustead Holdings Bhd due to its strong growth prospects, driven by all its core divisions. The research firm said it had raised its ex-bonus target price to RM6.60 after i...   more...

Khazanah seeks high-margin deals
Sat, 28 Jan 2012 02:02:49 +0800
ISTANBUL: Khazanah Nasional Bhd, the government investment arm, is looking at good investment assets and projects with high margins, says its managing director Tan Sri Azman Mokhtar. "Turkey is a pivotal country for us. We have been looking at ways...   more...

Al-Hadharah REIT net profit soars 273pc
Sat, 28 Jan 2012 02:09:28 +0800
KUALA LUMPUR: Al-Hadharah Boustead REIT (Al-Hadharah REIT) turned in a historically strong performance for the final quarter of its year ended December 31 2011. It posted a net profit of RM239 million compared with RM32 million in the correspondin...   more...

PNB to continue to seek strategic opportunities
Sat, 28 Jan 2012 02:08:20 +0800
PERMODALAN Nasional Bhd, one of the country's largest fund managers, is happy with its recent SP Setia Bhd deal and will continue to seek other opportunities despite current market volatilities, its chief said. PNB manages more than RM190 billion, ...   more...

Garuda to launch 3rd daily KL-Jakarta flight from Feb 19
Sat, 28 Jan 2012 00:54:14 +0800
KUALA LUMPUR: Indonesia's national airline, Garuda Indonesia, will launch a third daily flight between Kuala Lumpur and Jakarta on February 19. The new service will operate using a Boeing 737-800NG aircraft, which features Garuda Indonesia's new "N...   more...

SAS software revenue jumps to RM36m
Sat, 28 Jan 2012 02:10:17 +0800
KUALA LUMPUR: SAS, a leader in business analytics software and services, posted a 21 per cent growth in its new software revenue in Malaysia last year. SAS Malaysia recorded total software revenues of over RM36 million, mainly driven by the demand ...   more...

HSBC Amanah opens 2nd Penang branch
Sat, 28 Jan 2012 00:51:33 +0800
KUALA LUMPUR: HSBC Amanah Malaysia Bhd has opened its second branch in Penang, rounding up its network to 16 branches nationwide. "Penang always holds a sentimental value to HSBC as this was where the company opened its very first local office back...   more...

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Local Indices
Composite1520.9 (-2.96)
Industrial2791.29 (-1.41)

At A Glance
Volume22,782,970 lots
Value TradedRM 1,849,167,233
Gainers461
Losers371
Unchanged295

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TMS-WA2054448 (-0.010)
COMPUGT1270017 (+0.005)
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BIPORT7.000 (+0.320)
BOXPAK2.640 (+0.280)
IJM5.700 (+0.250)
LYSAGHT1.900 (+0.230)
ENGKAH3.500 (+0.220)

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HLFG11.900 (-0.360)
GENP9.500 (-0.150)
CIMB6.850 (-0.110)
KYM-WA1.070 (-0.110)
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