20th July 2011

bye all, see you tomorrow [You must be registered and logged in to see this image.]

Chandra wrote:Congrats to all those that profit.

yeah ... may all huat kaw kaw tmr ...

gaga wrote:bye all, see you tomorrow [You must be registered and logged in to see this image.]

cya tmr sun...

Banks, plantations lift FBM KLCI above 1,560-level

KUALA LUMPUR: The FBM KLCI ended its four-day decline on Wednesday, July 20 to close higher above the 1,560-point level, boosted by gains index-linked banking and PLANTATION [] stocks.

The market also received a slight nudge upwards after DiGi said its 1H2011 net profit rose 1.9% to RM567.71 million and the company declared a tax exempt dividend of 30 sen per share.

The FBM KLCI rose 0.45% or 6.95 points to 1,562.59. Gainers led losers by 472 to 266, while 303 counters traded unchanged. Volume was 803.41 million shares valued at RM1.30 billion.

Among the gainers, Petronas Dagangan added 40 sen, Sindora 37 sen to RM2.90, Mah Sing 29 sen to RM2.51, Fima Corp and United Plantations 20 sen each to RM6.25 and RM20.70. Eng Teknologi 18 sen to RM2.17, Tradewinds 16 sen to RM9.90, Ibraco, DiGi and KLK rose 14 sen each to RM1.19, RM29.84 and RM21.30 respectively, Sime Darby five sen to RM9.13 and IOI Corp two sen to RM5.21.

Among banks, CIMB and AMMB added nine sen each to RM8.53 and RM6.44, Public Bank eight sen to RM13.38, Maybank and HLFG four sen each to RM8.84 and RM13.34, while RHB Capital gained two sen to RM9.

Ingenuity Solutions was the most actively traded counter with 29 million shares done. The stock gained 1.5 sen to 9.5 sen.

Other actives included DVM, Inari, SAAG, Hubline, Flonic, Mah Sing and Wijaya.

Decliners were led by BAT that fell 70 sen to RM45.94; Nestle lost 24 sen to RM47.30, Y&G 20 sen to 19.5 sen, Goldis 13 sen to RM1.65, Genting 12 sen to RM10.50, GAB 10 sen to RM10.50, while Shell and Nadayu lost eight sen each to RM10.38 and RM1.31.

At the regional markets, Japan’s Nikkei 225 was up 1.17% to 10,005.90, Taiwan’s Taiex jumped 2.13% to 8,706.17, South Korea’s Kospi added 1.16% to 2,154.95, Singapore’s Straits Times Index up 0.98% to 3,126.53 and Hong Kong’s Hang Seng edged up 0.46% to 22,003.69.

Meanwhile, the Shanghai Composite Index shed 0.10% to 2,794.20.

hsi ... +101.29

dj fut ... +57

hlk wrote:hsi ... +101.29

hsi open till so late meh???

europe sui sui ... GREEN

Europe Stocks Seen Higher Before Euro Summit

The European markets were expected to open higher Wednesday as stocks bounced back ahead of an EU summit aimed at resolving the regional debt crisis.

The FTSE [.FTSE 5853.38 63.39 (+1.09%) ] was called higher by 16 points, the DAX [.GDAXI 7225.26 32.59 (+0.45%) ] was indicated 25 points higher and the CAC-40 [CAC40 3758.48 63.53 (+1.72%) ] was expected to open up by 8 points.

German Chancellor Angela Merkel and French president Nicolas Sarkozy meet Wednesday in Berlin in preparation for the summit in Brussels Thursday.

Merkel has already indicated that there will be no comprehensive resolution to the crisis at the summit and expectations of a single solution were unrealistic.

The euro recouped some ground versus the dollar Wednesday after easing on Tuesday.

In the UK, Prime Minister David Cameron will have to answer questions in parliament for his decision to employ Andy Coulson, former News of the World editor, as his communication chief in 2007, after Coulson resigned following the arrest of two employees of the paper over phone-hacking. Coulson has denied any wrongdoing.

There were a slew of earnings results on Wall Street Tuesday, notably Apple [AAPL 376.85 3.05 (+0.82%) ], whose earnings beat even the most optimistic of expectations, with revenues driven by sales of the iPhone and iPad.

Goldman Sachs [GS 128.49 -0.84 (-0.65%) ] reported earnings far below market expectations with a fall in revenues from their fixed income, currency and commodities trading.