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Relsited Lion counters off to a rocky start
SHARES of companies in the Lion group, which have been suspended since March 5, got off to a rocky start on being requoted yesterday, with their investment value down by 9% and 34%.
CPO has limited upside this week
Forecasting price trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Tin/B>
Hot Stock - IOI Corp
JUST when investors thought IOI Corp Bhd would take a breather from its expansion spree so as to consolidate, it went ahead and proposed to acquire almost 22,000 hectares of plantations in Sabah.
War, virus worries pull down Genting, Resorts shares
GENTING Bhd and Resorts World Bhd share prices took a battering on the KLSE yesterday, amid worries that the group's hospitality business will be affected by the war in Iraq and the outbreak of sickness caused by the atypical pneumonia virus in parts of Asia.
Regional markets dip with looming Iraq war
THE KL stock market closed yesterday with a near-1% or 6-point dip on mounting fears that war would erupt in the Middle East any time this week.
Market to remain quiet
WITH war worries dominating equity markets around the globe, the Kuala Lumpur Stock Exchange (KLSE) has not been spared. The Kuala Lumpur Composite Index (CI) is down 6.81 per cent from its high earlier in the year.
Bush ultimatum to Iraq heightens share market worries
THE prospect of imminent war against Iraq continued to be the dominant factor affecting share market sentiment yesterday, sending Asian bourses tumbling further.
