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National Australia Bank (NAB) reported a record profit that was fuelled by strong home lending, but warned of an uphill battle in Britain and Ireland as pension co s would continue to bite in Europe, where it earns a quarter of its profits.
MAA Assurance Bhd, virtually the sole contributor to main board-listed MAA Holdings Bhd, expects a string of positive news in the next 12 months that includes strong premium growth and writebacks in equity provision.
Many CEOs say that they expect the Kuala Lumpur Stock Exchange (KLSE) to perform even better in 2004.
THE government has identified the need to continue efforts to further enhance liquidity in the capital market as it moves into the next stage of capital market development.
A CONFLUENCE of positive indicators is expected to drive the Malaysian stock market higher from its current level.
JUDGING from the improvement in the equity market, coupled with the rise in the volume of shares traded, investors can expect to reap more distribution income (dividends) for unit trust funds this year.