KLSE STOCK WATCH

Dated 2010-11-08


  AZRB to sell 21.26% of EPIC for RM111.5m
KUALA LUMPUR: Ahmad Zaki Resources Bhd (AZRB) is selling its 21.26% stake in Eastern Pacific Industrial Corporation Bhd (EPIC) for……..

  Dayang Enterprise 3Q earnings double to RM22.6m
KUALA LUMPUR: Dayang Enterprise Bhd’s third quarter earnings doubled to RM22.63 million from RM11.03 million a year ago due to……..

#Flash* F&N 4Q earnings surge to RM462m, special dividend RM1.10 per share
KUALA LUMPUR:  Fraser Neave Holdings Bhd’s (FNHB) fourth quarter earnings surged to RM462.3 million from RM61.08 million a……..

Major hurdle crossed for KLCI, now for all-time high
KUALA LUMPUR: Fund buying of blue chips pushed the FBM KLCI near the all-time intra-day high of 1,524 on Monday,……..

Commodities jump, Nikkei hits 3-month highs
SYDNEY: Gold hit a fresh record and Japanese shares struck three-month highs on Monday, Nov 8 as low interest……..

Firefly’s new B737-800s to operate from KLIA
PETALING JAYA: Firefly, a Malaysia Airlines wholly-owned unit, will take on 30 B737-800 aircraft from year-end till 2015 as part of its domestic routes expansion plan……

Oil hovers near US$87 in Asia Monday
BANGKOK: Oil hovered near US$87 a barrel Monday in Asia after a jump in new U.S. jobs suggested demand for crude could improve……

Firmer on plantation stocks
KUALA LUMPUR: Plantations counters helped lift the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) higher……

Want a UK welfare check? Sweep a street first
LONDON: Britain’s jobless could be asked to sweep streets, help out in community centers or mow lawns at public parks in return for their welfare check under plans to toughen the country’s benefits regime, government ministers said Sunday……

A new way to surf Internet
SAN FRANCISCO: The Web has changed a lot since Marc Andreessen revolutionized the Internet with the introduction of his Netscape browser in the mid-1990s. That’s why he’s betting people are ready to try a different Web-surfing technique on a new brow…..

  Job killing you? Stressed mob bosses seek help
REGGIO CALABRIA, Italy: The mafia boss was having a dreadful time dealing with loss. But he was not struggling with the loss of lives, or even the loss of his freedom……

  Qantas said Monday it finds new ‘issues’ with 3 A380 engines(update)
SYDNEY: Qantas engineers discovered new problems with three Rolls-Royce engines on its Airbus A380s that will keep its fleet of superjumbos grounded for a few more days, the airline’s CEO said Monday……

MAS launches cheap fares to local and foreign destinations
KUALA LUMPUR: The Malaysia Airlines (MAS) Global Sales is back with great offers to domestic and international destinations from Nov 8 to 15……

Firefly to add more domestic destinations
PETALING JAYA: Malaysia Airlines (MAS) has finally turned to wholly-owned unit Firefly to compete head-on with low-cost carrier (LCC) AirAsia as Firefly looks to add more domestic destinations now and Asean routes eventually……

M’sian market set for a mini-bull run this week?
PETALING JAYA: The FBM KLCI, which has generally been on the upward trend, albeit slowly, is expected to test the 1,524.69 mark in the weeks ahead……

Rubbish – Think seriously about it
YOU can take a Penangite out of Penang, but never the Penang out of a Penangite. Few in the Penang diaspora scattered around the country – primarily in the Klang Valley – and all over the world will disagree with me on this statement……

Car sales seen to be slower in 2011
KUALA LUMPUR: Auto sales are expected to grow by a low single-digit percentage next year after a record-setting 570,000 units in 2010 with higher economic growth, new models and the take-up of hybrid cars driving demand……

Faber gains ground in hospital support services
PETALING JAYA: The 21-storey Faber Towers are perhaps the country’s first twin skyscraper. Constructed in mid-80s, it is a well-known landmark in Taman Desa, a leafy suburb south of Kuala Lumpur city centre……

Ecuadorian ambassador to get things going
KUALA LUMPUR: It is only months since her posting but Ecuadorian ambassador Lourdes Puma Puma is already getting things going with Malaysia……

Mah Sing: Local property market sustainable
KUALA LUMPUR: Mah Sing Group Bhd is confident the local property market is sustainable as the current buying activities are backed by economic fundamentals and genuine purchasers……

Property: No specific theme this year
PETALING JAYA: After several years, the International Real Estate Federation (FIABCI) has decided that it is not going to have a specific theme for its Malaysia Property Award (MPA) this year……

More attracted to gold savings account
PETALING JAYA: Banks’ gold savings accounts are expected to continue to gain popularity in anticipation of an uptrend in gold price and investors’ desire to diversify their investment portfolio in the current uncertain global economic conditions, ind…..

CPO futures prices on Bursa Malaysia Derivatives are expected to be firmer this week
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to be firmer this week on expectations of better overseas demand amid tight supply……

M’sian rubber to see steady trading this week
KUALA LUMPUR: Malaysian rubber is expected to see steady trading this week amid firm demand from tyre manufacturers, dealers said……

Tin price on KLTM expected to be firmer this week
KUALA LUMPUR: Tin price on the Kuala Lumpur Tin Market (KLTM) is expected to be firmer this week on continued buying interest from European, Japanese and local buyers, dealers said……

MSWG AGM/EGM weekly watch Nov 8-12
THE following are the AGMs/EGMs of companies which are in the monitoring list of the Minority Shareholder Watchdog Group for this week. The summarised points of interest are highlighted here, while the details of the questions to the companies can be…..

Wall Street seeks direction after Fed meeting, elections
NEW YORK: Wall Street navigated through three major landmines last week – the elections, the US Federal Reserve meeting and jobs report – with barely a scratch. Now what?…..

Tokyo stocks looking to US jobs data this week
TOKYO traders will be looking to US jobs data due Friday for clues on the state of the world’s biggest economy while attention will also be on the Group of 20 summit at the end of the week, analysts said……

Ballmer sells 12% of his Microsoft stake
SEATTLE: Microsoft Corp chief executive Steve Ballmer sold US$1.3bil worth of shares in the company, cutting his stake by about 12%, but said his first stock sale in seven years should not be taken as a lack of confidence in the world’s largest softw…..

Asian stocks up last week
ASIAN stocks rose last week, driving up the benchmark index by the most this year, on optimism the US Federal Reserve will succeed in stoking growth in the world’s biggest economy……