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Commodities, equities in the red on Europe debt woes
Commodities including oil and gold fell on worries about the eurozone debt crisis at midday on Friday while all key regional equities markets were in the red, posting losses of up 1.4%.
Key regional markets in the red, KLCI dn 0.39%
Key regional markets were in the red on Monday, with Japan, Hong Kong and Singapore registering more than 2% in losses on growing pessimism over the lingering Eurozone debt crisis.
KLCI among best performers, IOI, PetChem lift
Malaysia's blue chips were among the best performers in Friday's morning session, with the FBM KLCI up 0.41%, aided by gains in plantation heavyweight IOI Corp, BAT and Petronas Chemicals.
KLCI dips below 1,600, IOI, Tenaga weigh
Key regional markets were in the red at midday on Monday as investors stayed cautious ahead of Spain’s debt sale on Tuesday and slowing growth in South Korea.
Malaysia-Market factors to watch Tuesday Dec 27
KUALA LUMPUR: Following is a list of events in Malaysia as well as news stories and press reports which mayinfluence financial markets.
South Korea might ban Iran petchem imports - sources
SEOUL (Reuters) - South Korea might ban Iranian petrochemical product imports following pressure from the United States to beef up sanctions against Tehran over its nuclear programme, sources said, although the measure would have a limited economic impact.
PetChem Q1 profit jumps 18% on higher revenue
PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) reported 18.3% higher net profit year-on-year (y-o-y) to RM737mil for its first quarter (Q1) ended June 30, 2011, compared with RM623mil in the corresponding period last year, on higher revenue driven primarily by strong product prices.
FBM KLCI closes higher
The FTSE Bursa Malaysia KLCI (FBM KLCI) closes higher today by 7.21 points to 1,483.67 following overnight Wall Street recovery
PetChem makes offer to Sabah amid land problems
KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem), which is currently trying to resolve land related matters for its proposed Sabah Ammonia-Urea plant project (Samur), has offered a 25% equity partnership to the state government.
Strong Q3 earnings seen for PetChem
PETALING JAYA: Petronas Chemicals Group Bhd (PetChem), a Petroliam Nasional Bhd (Petronas) unit which was listed on the Main Market last November, should see strong third-quarter earnings owing to high utilisation rates and strong product margins.
